Dri Healthcare Plc Trust (TSE:DHT.UN) has released an update.
DRI Healthcare Trust has announced robust financial results for the first quarter of 2024, marking its highest quarterly Adjusted EBITDA since going public and underscoring successful growth strategies, including a significant transaction to expand its Omidria royalty entitlement. The Trust has also optimized its capital structure by refinancing preferred securities, aiming to reduce capital costs and position itself for future success with a strong pipeline. Notably, the Trust maintained its quarterly cash distribution to unitholders, evidencing steady performance amidst expansion efforts.
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