Australia's Ramsay Health Care hits a near 2-month high on strong profit forecast

Ramsay Health Care

10/02/2025 23:34

** Shares of Ramsay Health Care  RHC.AX  rise 4.6% to
A$35.81, their highest level since December 18 last year
    ** RHC says it expects 1H25 underlying net profit after tax
(NPAT) attributable between A$150 million ($94.16 million) and
A$160 million
    ** Company's expected NPAT comes ahead of Visible Alpha
consensus of A$142.6 million and last year's A$140.4 million
    ** Company flags goodwill and other asset impairment of
A$305 million for its UK segment in 1H25 accounts
    ** Says Ramsay UK Hospitals valuation has increased
    ** RHC stock largely flat so far this year, including the
day's moves


($1 = 1.5931 Australian dollars)

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com;))