Ramsay Healthcare (RHC) - FY15 net profit in line with our estimates

Bell Potter


Ramsay's Group EBITDAR margin increased from 18.2% to 19.2% and Australian Hospitals had EBIT growth of 11.6% and a margin uplift of 50bp. Ramsay's outlook: “Given the strong industry fundamentals and the continuing implementation of our successful growth strategy, barring unforeseen circumstances, Ramsay is targeting Core NPAT and Core EPS growth for the Group of 12% to 14% for FY16.” Read our full summary here: (VIEW LINK)

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Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

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