Ramsay Health Care Expects Solid FY24 Profits
Company Announcements

Ramsay Health Care Expects Solid FY24 Profits

Ramsay Health Care (AU:RHC) has released an update.

Ramsay Health Care anticipates a net profit after tax for FY24 between $884m and $889m, including a substantial profit from the sale of Ramsay Sime Darby. The expected profit from continuing operations, excluding non-recurring items, shows an increase due to improved activity trends and efficiency measures. Meanwhile, capital expenditure remained below forecast, contributing to a healthier leverage position within target range.

For further insights into AU:RHC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskRamsay Santé Reports Strong Q1 Growth Amid Strategic Moves
TipRanks Australian Auto-Generated NewsdeskRamsay Health Care Shares Strategic Insights with Investors
TipRanks Australian Auto-Generated NewsdeskRamsay Health Care Declares Upcoming Dividend Payout
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App