Ramsay Health Care lifts H1 profit 9.6%

Hospital operator Ramsay Health Care has reaffirmed its full-year guidance after lifting first-half profit 9.6 per cent to $270.4 million.

Hospital operator Ramsay Health Care says it is on track to meet its full-year guidance after lifting first-half profit 9.6 per cent to $270.4 million.

Ramsay reaffirmed its guidance for core earnings-per-share growth of two per cent after revenue for the six months to December 31 rose 14.9 per cent, boosted by the acquisition of Capio's French operations by Ramsay's local subsidiary.

Core net profit, excluding the Capio acquisition, rose 1.8 per cent to $293.2 million and Ramsay raised its interim dividend from 57.5 to 60 cents, fully franked.


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Source: AAP


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