2302 GMT - Private hospital operator Ramsay Health Care's detailed snapshot of current trading cements Macquarie's "neutral" call on the stock. "While our nearer-term Australian forecasts capture reasonable revenue growth and incremental underlying operating leverage, ongoing digital investments are expected to constrain margin improvement," Macquarie says. In other regions, Macquarie says future tariffs are somewhat uncertain. In the U.K., benefits from an increase in the NHS tariff have been partly offset by wage inflation and higher payroll taxes. In France, talks are continuing over a multi-year tariff agreement as well as more grants and subsidies. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
November 26, 2024 18:02 ET (23:02 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.