Ramsay profit and dividends surge

Company News


Ramsay Health Care Limited (ASX:RHC) has seen its statutory net profit surge 27 per cent to $386 million for FY15.
 
The country’s biggest private hospital operator says it will reward shareholders with a full year dividend of 101 cents which is up more than 18 per cent.
 
The company says the gains came from its international expansion strategy, solid organic growth, brownfield developments and cost management.
 
Managing director Christopher Rex says the company’s developed a global portfolio of hospitals located to meet growing demand.
 
The company saw earnings growth for the year of 8.2 per cent and EBIT growth of 8.6 per cent.
 
Looking forward Ramsay is targeting core net profit and core EPS growth of 12 to 14 per cent.

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