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COH — Cochlear News Story

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Brief: Cochlear Sees Net Profit Margin To Return To 18% Over Medium Term

BRIEF-Cochlear Sees Net Profit Margin To Return To 18% Over Medium Term

- Cochlear Limited COH.AX:

  • EXPECTING LOW SINGLE-DIGIT CONSTANT CURRENCY SALES REVENUE GROWTH AND UNDERLYING NET PROFIT OF A$330-350 MILLION IN FY27

  • NET PROFIT MARGIN IS EXPECTED TO RETURN TO 18% OVER THE MEDIUM TERM.

  • FURTHER RESTRUCTURING COSTS ARE EXPECTED IN FY27

  • SEES FY27 CAPITAL EXPENDITURE OF A$100-A$110 MILLION

Further company coverage: COH.AX


((Reuters.Briefs@thomsonreuters.com;))

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