SYDNEY, Feb 14 (Reuters) - Australia's Cochlear Ltd (COH) , the world No.1 hearing implants maker, on Wednesday posted a half-year profit rise of 19 percent, but reported slowing sales growth in Asia.
The Sydney-listed maker of about two-thirds of all hearing implants sold globally-posted net profit for the six months to Dec. 31 of A$111.4 million ($85.1 million), compared with A$94 million previously.
Earnings per share of A$1.94 came in slightly below analyst expectations of A$1.96, though the company is tracking toward the upper end of its own guidance for a full-year profit between A$210 million and A$225 million.
The company will pay an interim dividend of A$1.30 per share, compared with A$1.10 a year ago. ($1 = 1.3087 Australian dollars)
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Last
$302.90 |
Change
-0.880(0.29%) |
Mkt cap ! $19.80B | |||
| Open | High | Low | Value | Volume |
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