Ramsay plays down Brexit risks as recovery starts to show

Original article by Carrie LaFrenz
The Australian Financial Review – Page: 17 & 22 : 1-Mar-19

Ramsay Health Care has reported a 2018-19 interim net profit of $270.1 million, up 9.6 per cent, while revenue rose by 14.9 per cent to $5.12 billion. Meanwhile, CEO Craig McNally says its UK division is beginning to show some promising signs, although Brexit could pose some short-term challenges. Ramsay’s UK unit generates less than 10 per cent of the private hospital operator’s revenue. McNally says that staffing and supply would be the two biggest areas where Brexit would impact on its UK division.

CORPORATES
RAMSAY HEALTH CARE LIMITED – ASX RHC, CAPIO AB, MONTGOMERY INVESTMENT MANAGEMENT PTY LTD

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