SPI(US:SPI)2025-07-31 08:00Financial Performance - Group revenue increased by 4.9% year-over-year in H1 2025, with Hospital revenue growing by 4.7%[12] - Group adjusted EBITDA reached £133.8 million, a 2.8% year-over-year increase, representing a margin of 16.8%[12] - Group adjusted PBT was £15.3 million, up 17.7% year-over-year, excluding impacts from National Insurance and National Minimum Wage rises[12] - Adjusted free cash flow was £23.8 million, a decrease of 11.2% year-over-year[12] - The company delivered efficiency savings of over £10 million in H1 2025 and expects £20 million in H2 2025[15] Hospital Performance - Hospital revenue reached £732.3 million, a 4.7% year-over-year increase[15] - Hospital adjusted EBITDA was £130.0 million, a 3.3% year-over-year increase, with a margin of 17.8%[15] - Hospital adjusted EBIT was £74.5 million, a 2.2% year-over-year increase, with a margin of 10.2%[15] - NHS patient revenue increased by 16.2% driven by a 13.0% increase in volume[22] Primary Care Performance - Primary Care revenue was £64.4 million, a 6.5% year-over-year increase[39] - Primary Care adjusted EBITDA was £3.8 million, a 14.0% year-over-year decrease, with a margin of 5.9%[36] - Excluding new clinics, Primary Care EBITDA grew by over 6% year-over-year[39]