Estia Health
(ASX:EHE) has recorded a net profit of $44.6 million for its full year results for the financial year ended 30 June.
The result was 5 per cent higher than that forecasted in the company’s IPO prospectus.
Revenue also came in above expectations at $297.5 million.
Estia has also announced the proposed acquisition of a 48-bed facility due for completion on 1 October 2015.
The board has declared a final dividend of 14 cents per share for the 2015 financial year.
