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.

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