AUSTRALIA'S RAMSAY HEALTH CARE REAFFIRMS FULL YR PROFIT GUIDANCE
RHCRF | Quote | Chart | News | PowerRating -- Australian private hospital
operator Ramsay Health Care Ltd (ASX:RHC) has reaffirmed its
full year profit guidance and says its underlying business is
in excellent shape.
In a presentation to shareholders at the company's annual
meeting, managing director Christopher Rex said the first four
months of the financial year had progressed in line with
expectations.
He reaffirmed Ramsay's full year guidance of core net profit
growth of 12 to 14 per cent on last financial year's A$106.47
million (US$98.41 million) result.
Ramsay is continuing to pursue acquisition opportunities in
Europe, Mr Rex said.
Ramsay's core business is in Australia and Indonesia. It
entered the UK market in September 2007 with the acquisition of
a private hospitals operator.
Its shares were down 14 cents, or 1.24 per cent, to A$11.16
at 1157 AEDT.
(AAP) bl
For full details on (RHCRF) RHCRF. (RHCRF) has Short Term PowerRatings at TradingMarkets. Details on (RHCRF) Short Term PowerRatings is available at This Link.
- Forecast leaves Ramsay shares in excellent health - 02/01/10
- Healthy numbers lift Ramsay spirits - 02/01/10
- Ageing trend gives health-care sector shot in arm - 02/01/10
- Private health should be complementary - 01/31/10
- Duke Street to sell 50.1% stake in Groupe Proclif to Ramsay Health Care - 01/13/10
- More News >>
