0031 GMT - Jefferies sees wage negotiations at public hospitals as an important signal for Ramsay Health Care in its own talks. Enterprise bargaining agreements for nurses at public hospitals are due in three states--New South Wales, Queensland and South Australia--this year. The outcome will likely be reflected in the private hospital sector, impacting Ramsay, analyst David Stanton says. Ramsay needs to negotiate new enterprise bargaining agreements in all states except South Australia this year. First up is New South Wales, which accounts for some 24% of the company's EBIT. "Changes in labor costs are likely to lead to changes in Ramsay's group profitability, as we believe there are minimal offsets possible for employee cost increases," Jefferies says. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
January 20, 2025 19:31 ET (00:31 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。