Estia Health Limited
(ASX:EHE) says revenue was up 50 per cent to $446.5 million but it had missed some of its targets.
Underlying profit and earnings per share came in well below guidance thanks to depreciation from independent revaluations of some homes as well as higher-than-expected finance costs.
Chief Financial Officer Joe Genova will take up the position of Commercial Director as the company seeks to reduce costs in light of federal funding changes.
The company declared a final dividend of 12.8 cents per share.
