This dominant Tier 1 private hospital operator offers growing yet defensive earnings.
Narrow-moat Ramsay Health Care’s first-half fiscal 2018 result was uneven and characterised by steady growth in the Australian hospital business, albeit lower than expected, given the timing of brownfield capacity expansion activity, NHS volume weakness in the United Kingdom, and pricing constraints in France. At a group level, normalised net profit after tax of AUD 288 million was in line with our forecasts on revenue of AUD 4.4 billion, up 7.5% and 3%, respectively, on the prior corresponding ...Ramsay Health Care is a global hospital group, which is engaged in providing health care services. Co.'s facilities cater for a range of health care needs from day surgery procedures to complex surgery, as well as psychiatric care and rehabilitation. As of June 30, 2016, Co. operated 223 hospitals and day surgery facilities across Australia, the U.K., France, Indonesia, Malaysia and Italy.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.