Report
Chris Kallos, CFA
EUR 147.86 For Business Accounts Only

Ramsay Delivers Solid Result and Surprises with Strategic Pharmacy Growth Initiative; Raising FVE

Ramsay Health Care delivered a solid fiscal "core" net profit after tax, or NPAT, of AUD 481.4 million, up 16.8% on prior period and at the top end of guidance, but 2% below our forecasts. Excluding the CARES dividend, this equates to adjusted NPAT of AUD 468.5 million, up 17.6%. Group revenue of AUD 8.7 billion, up 18.1% year on year, included a 6-month contribution of HPM in France. EBIT on a combined basis totalled AUD 897.1 million, up 11.6% year on year. By geography, group revenue mix comp...
Underlying
Ramsay Health Care Limited

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.

Provider
Morningstar
Morningstar

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.

Analysts
Chris Kallos, CFA

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch