Primary Health Care Limited
(ASX:PRY) has posted a 49 per cent jump in its annual net profit and forecast earnings per share growth of between 20 and 25 per cent in the year ahead.
The medical centre operator’s profit came in at $116 million and earnings before interest, tax, depreciation and amortisation rose 10 per cent to $351 million in fiscal 2012. The company expects to deliver EBITDA between $370 million to $380 million in fiscal 2013.
Primary Health Care also today advised it expects consolidation to continue within the healthcare industry and will considering small bolt-on acquisitions when appropriately priced.
A final fully franked dividend of 6 cents per share has been declared, taking the full year payout to 11 cents per share.
