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Sonic Healthcare H1 Net Profit Increases

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Sonic Healthcare Limited (SHL.AX,SKHCF.PK), an Australian provider of laboratory, pathology, and radiology services, reported that its net profit for the half year ended 31 December 2024 increased to A$237 million from A$202 million in the prior year.

Revenue for the period grew to A$4.669 billion from A$4.306 billion in the prior year.

The company has maintained its progressive dividend policy, announcing an increase of 1 cent (2.3%) to 44 cents per share for the 2025 interim dividend.

The company stated that it is on track to achieve its full-year 2025 EBITDA guidance, projected to be in the range of A$1.70 billion - A$1.75 billion on a constant currency basis.

Looking ahead, the company expects ongoing earnings growth driven by strong organic revenue growth and consequent operational leverage, and enhanced by specific factors including the realization of synergies from recent acquisitions.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

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