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Ramsay Health Care Forecasts Robust FY24 Profits

Ramsay Health Care Forecasts Robust FY24 Profits

Ramsay Generale de Sante (FR:GDS) has released an update.

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Ramsay Health Care expects its FY24 net profit after tax to be between $884m and $889m, boosted by the after-tax cash profit from the sale of Ramsay Sime Darby of $618m. The net profit from continuing operations is projected to be $265m to $270m, despite non-cash impairments and other negative contributions. Capital expenditure was below forecasts, and further details on the FY24 results and FY25 outlook will be announced on August 30th, 2024.

For further insights into FR:GDS stock, check out TipRanks’ Stock Analysis page.

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