💥 Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

BRIEF-Cochlear Says Interim Dividend Of $1.60 Per Share

Published 18/02/2020, 12:09 pm
© Reuters.  BRIEF-Cochlear Says Interim Dividend Of $1.60 Per Share
COH
-

Feb 18 (Reuters) - Cochlear Ltd COH.AX :

* INTERIM DIVIDEND OF $1.60 PER SHARE

* H1 SALES REVENUE $ 777.6 MILLION VERSUS $711.9 MILLION

* H1 PROFIT ATTRIBUTABLE $157.7 MILLION VERSUS $128.6 MILLION

* FOR FY20, COCHLEAR EXPECTS TO DELIVER UNDERLYING NET PROFIT OF $270-290 MILLION, A 2-9% INCREASE ON UNDERLYING NET PROFIT FOR FY19

* FY20 PROFIT GROWTH WILL BE LOWER THAN ORIGINAL EXPECTATIONS DUE TO IMPACT OF CORONAVIRUS ON SALES IN GREATER CHINA.

* EXPECTS AN IMPACT TO SALES FROM CORONAVIRUS IN GREATER CHINA IN H2

* FOR SECOND HALF, COCHLEAR EXPECTS STRONG GROWTH IN COCHLEAR IMPLANT UNITS TO CONTINUE ACROSS DEVELOPED MARKETS

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.