Ramsay Health Care Sees Slower Rise in Activity in Fiscal 2025

MT Newswires Live
26 Nov 2024

Ramsay Health Care (ASX:RHC) expects activity to grow across all regions in fiscal 2025, albeit at a weaker rate than the prior period, according to a Tuesday filing with the Australian bourse.

This is expected to result in higher net profit after tax from continuous operations for the year.

The healthcare provider added that its restructuring initiatives over the past 12 months will continue amid efforts to optimize shareholder returns.

Meanwhile, Group Chief Executive Officer-elect Natalie Davis will formally transition to her role on Dec. 2 following her appointment by the board.

The company's shares gained about 2% in recent Tuesday trade.

Price (AUD): $38.60, Change: $+0.57, Percent Change: +1.50%

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