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Sonic Healthcare FY19 Net Profit Rises, Organic Revenue Growth At Around 4%

Sonic Healthcare (SHL.AX,SKHCF.PK) said it has reported solid financial result in fiscal 2019, in line with its expectations. Underlying EBITDA growth was 6.7% (constant currency), for the period. Organic revenue growth was at around 4% on a constant currency basis.

For fiscal 2019, net profit improved 15.6% to A$550 million. EBITDA growth was 13.3% to A$1.1 billion. Revenue rose 11.6% to A$6.2 billion.

Sonic Healthcare announced that its final dividend was up 4.1% to $0.51 per share, resulting in an increase of 3.7% in full-year dividend to A$0.84.

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