coh's future, page-2

See

http://finance.ninemsn.com.au/newsbusiness/aap/8283389/health-care-industry-to-weather-storm


""Healthcare in general is not immune from what's happening ... but healthcare tends to be somewhat more resilient than other areas," chief executive Chris Roberts told media on Tuesday.

"The market freefall that we've seen around the world, and including in Australia today, reminds us that the fundamentals at the end of the day are important."

Dr Roberts say he's confident Cochlear will continue to expand its business worldwide after shrugging off difficult global financial conditions to post a 16 per cent rise in full year profit to June 30.

"I think innovation is a key," he said.

"A baby born deaf is a neurological emergency. The baby needs an implant regardless of where you are in the economic cycle.""

Outstanding result, and beat almost everything on the market toay. Up 6.4$

Red