Ramsay Health Care ( (AU:RHC) ) has issued an update.
Ramsay Health Care reported growth in activity and revenue across all regions, with significant performance improvements in its UK and Australian hospital businesses. Despite these gains, profitability was impacted by challenges in Elysium and Ramsay Santé, leading to a net loss after tax. The company is undergoing a strategic transformation, focusing on its Australian operations, strengthening capital discipline, and exploring strategic options for Ramsay Santé. Leadership changes and a new operating model aim to streamline operations and enhance performance, while maintaining a fully franked dividend of 40 cents per share.
More about Ramsay Health Care
Ramsay Health Care is a leading global healthcare provider, primarily operating hospitals in Australia and the UK. The company focuses on delivering healthcare services and has a strong market presence in Australia, where it is the market leader, providing care to 1.2 million Australians annually. Ramsay also operates in the UK, where it partners with the NHS to reduce elective wait lists.
YTD Price Performance: 2.37%
Average Trading Volume: 587
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.95B
Find detailed analytics on RHC stock on TipRanks’ Stock Analysis page.