Aug 15 (Reuters) - Cochlear Ltd (COH) :
- FY24 UNDERLYING NET PROFIT GUIDANCE RANGE IS A$355-A$375M
- COCHLEAR IMPLANT TRADING CONDITIONS CONTINUE TO BE STRONG ACROSS MOST MARKETS
- EXPECT SOLID MARKET GROWTH RATES TO DRIVE HIGH SINGLE DIGIT GROWTH IN OUR COCHLEAR IMPLANT UNITS FOR FY24
- SERVICES SEGMENT IS EXPECTED TO PERFORM STRONGLY WITH CONTINUING STRONG DEMAND FOR UPGRADES TO NUCLEUS 8 SOUND PROCESSOR
- CLOUD COMPUTING-RELATED INVESTMENT IS EXPECTED TO BE AROUND A$34 MILLION IN FY24
- EXPECT IMPLANT UNIT MARKET SHARE GAINS FROM FY23 TO STABILISE AND FOR THERE TO BE FEWER COVID-RELATED BACKLOG SURGERIES
- MAINTAINS A DIVIDEND POLICY THAT TARGETS A 70% PAYOUT OF UNDERLYING NET PROFIT FOR FY24
- CAPITAL EXPENDITURE IS EXPECTED TO BE A$70-90 MILLION FOR FY24
News: COH Cochlear Sees FY24 Underlying Net Profit Between A$355 Mln And A$375 Mln
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Last
$303.78 |
Change
2.120(0.70%) |
Mkt cap ! $19.86B | |||
| Open | High | Low | Value | Volume |
| $303.79 | $304.22 | $300.12 | $51.31M | 169.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 77 | $302.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $304.30 | 100 | 1 |
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| Last trade - 16.10pm 21/08/2025 (20 minute delay) ? |
| COH (ASX) Chart |