Sonic Healthcare Limited (AU:SHL) has released an update.
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Sonic Healthcare Limited reported a net profit of A$511 million for the year ending June 30, 2024, with total revenues up 10% to approximately A$9 billion, despite a substantial 87% drop in COVID-19 related income. The company highlights a strong base business growth of 6%, significant revenue from new acquisitions, and a continued commitment to dividend payouts, with an increase in the final dividend to 63 cents per share. CEO Dr. Colin Goldschmidt emphasized the transition towards ‘business as usual,’ with the company well-positioned for future growth and a nearly completed post-pandemic headcount reduction program.
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