Abu Dhabi-based hospital and clinic operator Al Noor has listed on the London Stock Exchange. The group runs three hospitals, two satellite clinics offering a mix of ambulatory and overnight beds and a family care clinic. Al Noor earned EBITDA of around US$70m on sales of $324.4m, for a net profit of $60.5m in 2012. This is up 11% from 2011 sales of $292.9m, with net profit up 19% from $50.8m. The group has a 35% share of Abu Dhabi’s private outpatient market and 39% share of its inpatient market. So how did the float go?