Primary Health Care: Interim result 2014

Primary Health Care achieved steady growth in the first half of the current financial year, with revenue increasing 5% to $751m and earnings before interest and tax (EBIT) rising 4% to $145m. Net profit and earnings per share each rose 9%, to $76m and 15 cents respectively, helped by lower interest expenses. The interim dividend has been increased by 38% to 9 cents per share (fully franked, ex date 17 Mar), for a current yield of 4%. Primary’s pathology division performed admirably, with revenue rising 7% to $436m while earnings before interest, tax, depreciation and amortisation increased 8% thanks...

Primary Health Care achieved steady growth in the first half of the current financial year, with revenue increasing 5% to $751m and earnings before interest and tax (EBIT) rising 4% to $145m. Net profit and earnings per share each rose 9%, to $76m and 15 cents respectively, helped by lower interest expenses. The interim dividend has been increased by 38% to 9 cents per share (fully franked, ex date 17 Mar), for a current yield of 4%.

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