Original article by Tim Binsted
The Australian Financial Review – Page: 15 : 12-Feb-16
Australian-listed Cochlear has posted a 2015-16 interim net profit of $A94m, which is 32 per cent higher than previously. Revenue also increased by 32 per cent, to $A581.7m, and sales of its hearing implants rose by 26 per cent to 14,748 units. CEO Chris Smith says the group has benefited from its consumer-focused strategy, and notes that the 65-plus age group represents a huge growth opportunity for Cochlear.
COCHLEAR LIMITED – ASX COH