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 Aug 18 (Reuters) - 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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