Ramsay on track for healthy profit lift

Ramsay Health Care says it is confident of meeting its target of increasing its core net profit by between 18 and 20 per cent this financial year.

Private hospitals group Ramsay Health Care is on track to lift its core net profit by up to a fifth this financial year.

In a presentation to investors on Thursday, Ramsay reaffirmed its upgraded guidance for core net profit and earnings per share growth of 18-20 per cent for 2014/15.

Ramsay also flagged it would look at acquisition opportunities in new and existing markets.