Ramsay lifts full-year profit
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Ramsay Health Care (RHC) will look to make acquisitions in new markets and will reinvest in existing facilities but sees slowing profit growth for 2013-14 after posting a modest lift in full-year profit
In the year to June 30, core net profit increased 15% to $290.9 million, on top of its forecast range for between 13% and 15% growth.
However, the company sees core net profit and earnings per share growth coming down to between 12% and 14% for the current financial year.
In the same period revenue was $4.18 billion, a 5.6% lift on the $3.96 billion in 2012.
The group will pay a fully-franked final dividend of 41.5 cents.
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