Sonic healthcare see 11% rise in net profit

Company News

by Rachael Jones

Sonic Healthcare (ASX:SHL) today reported a statutory net profit for the year to 30 June 2018 of $476 million, rise of 11.2 per cent.

They saw revenue growth of 8.2 per cent to $5.5 billion.

Underlying EBITDA growth 6.4 per cent of constant currency.

Final dividend up 6.5 per cent to $0.49 per share.

One of the milestones for the year for the company was winning the national bowel screening program contract for Australia.

Shares in Sonic Healthcare (ASX:SHL) closed 2.02 per cent higher to $26.78.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.