IDH RELEASES 9M2020 FINANCIAL RESULTS

(London) Integrated Diagnostics Holdings (“IDH,” “the Group,” or “the Company”), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, released today unaudited highlights of its financial and operational performance for the quarter and nine-month periods ended 30 September 2020 , recording revenue of EGP 720 million and a net profit of EGP 201 million in 3Q 2020. On a year-to-date basis, revenue recorded EGP 1,670 million with a net profit of EGP 375 million for 9M 2020.

Tap or click here to read the announcement on RNS or here to read the full earnings release in pdf.

In the News

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

  • Wednesday, 18 November 2020 - Press Release

    IDH exploring a possible dual listing on the Egyptian Exchange

    (Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, notes the recent press speculation and confirms that...

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, notes the recent press speculation and confirms that it is contemplating a possible dual listing of the Company’s ordinary shares on the Egyptian Exchange (“the EGX”).

Tap or click here to read the announcement on RNS or here to read the full announcement in pdf.

In the News

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

  • Wednesday, 18 November 2020 - Press Release

    IDH exploring a possible dual listing on the Egyptian Exchange

    (Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, notes the recent press speculation and confirms that...

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(London) Integrated Diagnostics Holdings (“IDH,” “the Group,” or “the Company”), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, released today its results for the year ended 31 December 2019, reporting revenues of EGP 2,226 million and a net profit of EGP 505 million for the year.

Tap or click here to read the announcement on RNS or here to read the full earnings release in pdf.

In the News

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

  • Wednesday, 18 November 2020 - Press Release

    IDH exploring a possible dual listing on the Egyptian Exchange

    (Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, notes the recent press speculation and confirms that...

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(London) – As the novel coronavirus that causes the covid-19 illness continues to spread across the globe, Integrated Diagnostics Holdings (IDH) is closely monitoring the situation in our markets. We have begun implementing measures we believe are necessary to guarantee the safety of our people, of our patients, and of the communities in which we operate. IDH’s response to the spread of covid-19 is focused on two fronts: Staff and patient safety and crisis management and business continuity.

Click here to read the full release in pdf.

In the News

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

  • Wednesday, 18 November 2020 - Press Release

    IDH exploring a possible dual listing on the Egyptian Exchange

    (Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, notes the recent press speculation and confirms that...

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(Cairo and London) – Integrated Diagnostics Holdings (“IDH” or “the Company”), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, announced today that it has appointed J.P. Morgan Cazenove as Corporate Broker.

-Ends-

 

About Integrated Diagnostics Holdings
IDH is a leading consumer healthcare company in the Middle East and Africa with operations in Egypt, Jordan, Sudan and Nigeria. The Group’s core brands include Al Borg and Al Mokhtabar in Egypt, as well as Biolab (Jordan), Ultralab and Al Mokhtabar Sudan (both in Sudan) and Echo-Scan (Nigeria). A long track record for quality and safety has earned the Company a trusted reputation, as well as internationally recognised accreditations for its portfolio of over 1,400 diagnostics tests. From its base of 405 branches as of 30 June 2018, IDH will continue to add laboratories through a Hub, Spoke and Spike business model that provides a scalable platform for efficient expansion. Beyond organic growth, the Group’s expansion plans include acquisitions in new Middle Eastern and African markets where its model is well-suited to capitalise on similar healthcare and consumer trends and capture a significant share of fragmented markets. IDH has been a Jersey-registered entity with a Standard Listing on the Main Market of the London Stock Exchange (ticker: IDHC) since May 2015.

IDH’s forward-looking strategy rests on leveraging its established business model to achieve four key strategic goals, namely: (1) continue to expand customer reach; (2) increase the number of tests per patient; (3) expand into new geographic markets through selective, value-accretive acquisitions; and (4) introduce new medical services by leveraging the Group’s network and reputable brand position. Learn more at idhcorp.com.

 

Contacts
IDH +20 (0)2 3345 5530

Sherif El-Ghamrawi,
Investor Relations Director
+20 (0)10 0447 8699
sherif.elghamrawi@idhcorp.com

Hudson Sandler (International Media Relations)
+44 (0) 207 796 4133

Dan de Belder
Bertie Berger
idh@hudsonsandler.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

In the News

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

  • Wednesday, 18 November 2020 - Press Release

    IDH exploring a possible dual listing on the Egyptian Exchange

    (Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, notes the recent press speculation and confirms that...

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

(London) – Integrated Diagnostics Holdings (“IDH,” “the Group,” or “the Company”), IDHC on the London Stock Exchange, a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, will publish its results for the year ended 31 December 2018 on Thursday 21 March 2019 at 7 am GMT.

An analyst and investor presentation will be hosted at the offices of Hudson Sandler, 25 Charterhouse Square, EC1M 6AE at 2 pm GMT on Thursday 21 March 2019. A live audio webcast will be available on the Group’s website at www.idhcorp.com.

Please email idh@hudsonsandler.com if you would like to attend the presentation.

Contact

IDH +20 (0)2 3345 5530

Sherif El-Ghamrawi,
Investor Relations Director
+20 (0)10 0447 8699
sherif.elghamrawi@idhcorp.com

Hudson Sandler (International Media Relations)
+44 (0) 207 796 4133

Dan de Belder
Bertie Berger
idh@hudsonsandler.com

 

About Integrated Diagnostics Holdings
IDH is a leading consumer healthcare company in the Middle East and Africa with operations in Egypt, Jordan, Sudan and Nigeria. The Group’s core brands include Al Borg and Al Mokhtabar in Egypt, as well as Biolab (Jordan), Ultralab and Al Mokhtabar Sudan (both in Sudan) and Echo-Scan (Nigeria). A long track record for quality and safety has earned the Company a trusted reputation, as well as internationally recognised accreditations for its portfolio of over 1,400 diagnostics tests. From its base of 405 branches as of 30 June 2018, IDH will continue to add laboratories through a Hub, Spoke and Spike business model that provides a scalable platform for efficient expansion. Beyond organic growth, the Group’s expansion plans include acquisitions in new Middle Eastern and African markets where its model is well-suited to capitalise on similar healthcare and consumer trends and capture a significant share of fragmented markets. IDH has been a Jersey-registered entity with a Standard Listing on the Main Market of the London Stock Exchange (ticker: IDHC) since May 2015.

IDH’s forward-looking strategy rests on leveraging its established business model to achieve four key strategic goals, namely: (1) continue to expand customer reach; (2) increase the number of tests per patient; (3) expand into new geographic markets through selective, value-accretive acquisitions; and (4) introduce new medical services by leveraging the Group’s network and reputable brand position. Learn more at idhcorp.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

In the News

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

  • Wednesday, 18 November 2020 - Press Release

    IDH exploring a possible dual listing on the Egyptian Exchange

    (Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, notes the recent press speculation and confirms that...

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group’s development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria.

Watch full interview here.

In the News

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

  • Wednesday, 18 November 2020 - Press Release

    IDH exploring a possible dual listing on the Egyptian Exchange

    (Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, notes the recent press speculation and confirms that...

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

A strategic expansion that is set to transform IDH’s Egyptian operation into a one-stop-shop diagnostics service provider; the investment is planned to have limited impact on cashflows

Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, is set to launch a radiology business in Egypt.

IDH is building a national brand in Egypt with a service offering highly complementary to its existing pathology-focused medical diagnostics services

“Our expansion into a high-value, adjacent segment of our industry is a milestone in the development of IDH on par with the expansion into Africa that now sees operations in three countries outside Egypt contributing double-digit percentages to our top line,” said Dr. Hend El Sherbini, Chief Executive Officer of IDH.

“Our market in Egypt is growing in the double digits, and so is our top line. Today, more than 75% of customers surveyed by a third-party research provider indicate a preference for consolidated service offerings that feature both pathology and radiology — and there is significant existing demand for us to capture. Our expectation is that our pathology business will deliver new patients to our radiology business and that, in the fullness of time, having both services under one roof will also drive growth in our pathology test volumes.”

“Importantly, our expansion into the fragmented radiology market will be powered by the strong relationships between our brands and our millions of customers as well as the physicians who trust us to be part of their diagnostic and treatment plans,” El Sherbini noted.

Al Borg Scan will offer a full range of radiology services, including but not limited to magnetic resonance imaging (MRI), computed tomography (CT), ultrasound, x-ray, mammograms and cath lab facilities. It will draw on Al Borg’s brand equity to position itself as a premium service provider offering the full range of imaging services using the latest technology and highly trained staff. Medical equipment suppliers for the new venture are global brand names including Siemens, Hitachi, GE Healthcare, and Fujifilm. The company will emphasize convenience with the rollout of its mobile app and website and reinforce its high-end brand positioning with a premium facility and atmosphere at each of its branches. The business will be led by a group of the nation’s most prominent radiologists with a track record at Egypt’s leading hospitals and radiology centers.

Up to 70% of the cost of the expansion into radiology is now in place through an EGP 130.5 million, eight-year facility from the Ahli United Bank of Egypt. The facility is ring-fenced to Al Borg with no guarantees from, or recourse on, IDH or any of its other subsidiaries. The balance of the investment is planned to be financed from the operating cashflows of Al Borg.

IDH delivered 29% top-line growth in the first quarter of 2018, performing 6.6 million tests (+8% compared to 1Q2017) for 1.7 million patients (+13% year-on-year), underscoring the health of its core business as Egypt recovers from a period of devaluation and high inflation. Nigeria is the company’s newest expansion market, making its first contribution to the Group’s consolidated revenues in 1Q2018. IDH is expected to announce 1H2018 results on 16 August 2018.

 

In the News

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

  • Wednesday, 18 November 2020 - Press Release

    IDH exploring a possible dual listing on the Egyptian Exchange

    (Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, notes the recent press speculation and confirms that...

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

Interview: Hend El Sherbini

How does listing on the stock market create benefits for Egyptian health care companies?

HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to raise capital and institutionalise management in order to continue expanding our reach, while at the same time improving the quality of our diagnostic centres by implementing the latest in international standards. Given that we mostly work with international suppliers, we also thought that growing our business in this way would give us greater leverage in negotiating contracts, which is something that applies to all large companies, no matter which sector, vis-à-vis smaller ones. Right now there is a lot of interest in health care in general, not only in diagnostics but also in hospitals and medical supply manufacturers. For instance, a number of private equity companies have, or are in the process of, acquiring private hospitals. There have also been some recent acquisitions of local pharmaceutical companies. This demand is not only coming from the local or regional market. When we were on our road show, investors from Dubai, South Africa, the US and Europe all expressed interest in the sector.

Which are the most important factors driving demand for health care services?

SHERBINI: The biggest factor is the population, which is driving demand for everything from diagnostics to pharmaceuticals to hospital care. Health care in Egypt remains highly fragmented and localised, which has a negative impact on service quality. This, however, also creates opportunities for consolidation, economies of scale and, consequently, improved services. For instance, when we were conducting research on the diagnostics market, we found that there were more than 5000 labs with at least one doctor in the country. While this looks like a reasonably adequate number when you consider the country’s total population, after further examination we realised that demand actually far exceeded supply because most of these labs are very small, with limited and outdated offerings. This is further complicated in a heavily congested place like Cairo, because patients often have to go to more than one lab to complete all of their tests, spending a significant amount of time in traffic. Through consolidation, and by putting all the necessary tests under one roof, efficiencies can be achieved and the lives of ordinary Egyptians can be greatly improved. The quality and price of services are very important in Egypt, as the vast majority of health care spending that is not provided by the state, whose resources are lacking, is out-of-pocket. Consumers are becoming savvy and they quickly figure out which centres offer the best quality for the right price.

What types of policy changes would result in a more efficient health care system for Egyptians?

SHERBINI: There are a number of steps that can be taken. For instance, in diagnostics, quality standards need to be updated and enforced. This is quite important for the system overall, given that physicians primarily treat patients based on lab results. A more inclusive, universal health insurance scheme would also be welcomed. At the moment, many people are insured through corporates, such as banks and oil companies, or syndicates that are able to negotiate lower prices for treatment than for individual patients. While many syndicates do cover portions of the lower-middle class, there are still huge segments of the population that do not have access to quality health care because they lack insurance. There also needs to be a greater role for the private sector. Many state-owned hospitals in the country are not properly run and need professional management. Consolidation of private hospitals could help to fill the services gap, but we need to be sure that they are also run by qualified, professional managers, not just investors.

To read the original article on OBG, click here.

In the News

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

  • Wednesday, 18 November 2020 - Press Release

    IDH exploring a possible dual listing on the Egyptian Exchange

    (Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, notes the recent press speculation and confirms that...

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock Exchange that put its value at $668 million.

IPOs in the Middle East are still rare — those of companies led by women, incredibly so (I don’t know of any others, though would be glad to hear of some in the comments at the end).

Small, soft-spoken and steely, El Sherbini described how she built her company from one lab founded by her mother to, according to its web site and El Sherbini, a company with 4,000 employees, 290 branches and four central labs across the Middle East.

Her advice for other women entrepreneurs: “Don’t listen to what people are saying, because they’re probably jealous. You have to have a lot of self-confidence, especially here in Egypt and the Middle East. You’re not a second-rate citizen. Trust your gut.”

In an interview in her Cairo office, we talked about how her parents influenced her career, her perfectionism (obviously a great quality in a pathologist) and clothes. She favors dresses, because they look tidier.

IDH was formed by a merger of Al Mokhtabar, Sherbini’s company, and Al Borg Laboratories, controlled by Abraaj, in 2012. Sherbini became CEO of the combined company afterwards. Abraaj, which I wrote about last year, has a business model that calls for it to work closely with emerging markets companies, often family owned businesses, for five-seven years, building their processes and governance, and then exiting. In the case of Al Borg, which it invested in in 2008, and then IDH, Abraaj focused on building out the governance structure to prepare it for a public listing. IDH also developed a doctor consultancy program for referrals from physicians while Abraaj was working with the company.

IDH had a private chain market share of 55% in 2013. It was the first Egyptian health care company to have an IPO in London. Since the IPO, the stock has since fallen 30% to $3.95, most likely reflecting troubles in the Egyptian economy, which is growing fast but relies on support from the Gulf States. Abraaj exited its stake completely in January of this year.

To read the entire interview on Forbes.com click here.

In the News

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

  • Wednesday, 18 November 2020 - Press Release

    IDH exploring a possible dual listing on the Egyptian Exchange

    (Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, notes the recent press speculation and confirms that...

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email

It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding.

In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics service provider in Egypt.

The stake was sold by UAE’s Abraaj, and a month later IDH announced plans to list on the London Stock Exchange, targeting a value of around $600 million.

IDH was created in 2012 as a merger of Al Mokhtabar and Al Borg Laboratories. It offers pathology and molecular diagnostics, genetics testing and basic radiology in Egypt, Jordan and Sudan, operating hundreds of laboratories, treating nearly six million patients, and conducting more than 19 million tests per year.

Discussing the proposed IPO, El Sherbini said: “As we continue to build on our success to date, reflecting years of profitable growth, high margins and operational excellence, we believe IDH represents a highly attractive future growth story.  This initial public offering is a pivotal next step for us that will allow us to further accelerate our market penetration and expand our service offerings.

To read the original post on Arabian Business, click here.

In the News

  • Sunday, 11 October 2020 - News

    DR. HEND EL SHERIBINI INTERVIEWED BY LIONESSES OF AFRICA

    IDH CEO Dr. Hend El Sherbini speaks to Lionesses of Africa about her entrepreneurial journey and the Group’s development story going from a single lab in Egypt in 1979 to the largest diagnostic provider in Egypt with over 450 points...

  • Thursday, 9 April 2020 - News

    Dr. Hend El Sheribini featured on the cover of Forbes Middle East

    IDH CEO Dr. Hend El Sherbini speaks to Forbes about the Group's readiness for Coronavirus testing in Egypt and IDH's plans for the future Read the full interview here.

  • Thursday, 17 January 2019 - News

    Dr. Hend El Sheribini Interviewed by Sky News

    IDH CEO Dr. Hend El Sherbini speaks to Sky News about the Group's development story from a single lab in 1979 to running over 400 branches across Egypt, Sudan, Jordan and Nigeria. Watch full interview here.

  • Thursday, 7 December 2017 - News

    Vice President of Finance and Strategy Appointment

    (Jersey) Integrated Diagnostics Holdings ("IDH" or "the Group"), IDHC on the London Stock Exchange, Egypt's largest fully integrated private-sector provider of medical diagnostics services, announced today the appointment of Omar Bedewy as Vice President Finance and Strategy. Mr. Bedewy has more than 16...

  • Thursday, 7 December 2017 - News

    Second Price Monitoring Extension

    A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more...

  • Sunday, 23 October 2016 - News

    Oxford Business Group Profiles Dr. Hend El Sherbini

    Interview: Hend El Sherbini How does listing on the stock market create benefits for Egyptian health care companies? HEND EL SHERBINI: We considered an initial public offering for quite some time before finally listing in 2015. In our case, we wanted to...

  • Thursday, 30 June 2016 - News

    The Powerful Egyptian Woman Behind A $700 Million IPO, And Her Advice To Other Women

    Few people, even in Egypt, have heard of Hend El Sherbini. But she last year pulled off an amazing feat with the help of Abraaj Group: In May, she led her lab company, Integrated Diagnostics Holdings, to an IPO on the London Stock...

  • Monday, 23 February 2015 - News

    Dr. Hend El Sherbini Named One of the 100 Most Powerful Arab Women 2015

    It has been a busy time for Dr Hend El Sherbini – CEO of Integrated Diagnostics Holding. In December last year, private equity firm Actis announced an investment for 21 percent of IDH – the largest private sector healthcare diagnostics...

Press Releases

  • Wednesday, 18 November 2020 - Press Release

    IDH exploring a possible dual listing on the Egyptian Exchange

    (Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Company” or “the Group,” IDHC on the London Stock Exchange), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan, and Nigeria, notes the recent press speculation and confirms that...

Media Contact

xx Contact Name
Tel: xx Contact Number
E-mail: xx Contact Email