MILWAUKEE--(BUSINESS WIRE)--May 5, 2005--Extendicare Health Services, Inc. (EHSI) is a wholly owned subsidiary of Extendicare Inc.(TSX:EXE.MV)(TSX:EXE.SV)(NYSE:EXE).
- Q1 net earnings of $12.1 million
- EBITDA margin of 13.4%
- Medicare census increases to 18.8%
- Nursing home occupancy increases to 93.8%
EHSI reported net earnings of $12.1 million in the 2005 first quarter, compared to $9.3 million in the 2004 first quarter.