News: COH Cochlear Posts FY Sales Revenue Of A$1,493.3 Mln

Aug 20 (Reuters) - Cochlear Ltd (COH) :

• FY SALES REVENUE A$ 1,493.3 MILLION VERSUS A$1,352.3 MILLION REPORTED LAST YEAR
• FY NET PROFIT ATTRIBUTABLE A$326.5 MILLION VERSUS LOSS OF A$238.3 MILLION REPORTED LAST YEAR
• DECLARED FINAL DIVIDEND PER SHARE OF A$1.40
• FY22 NET PROFIT GUIDANCE OF A$265‐285M
• COMMITTING TO 50% ABSOLUTE REDUCTION IN BUSINESS FLIGHT‐RELATED CARBON EMISSIONS BY FY25
• IN FY22 NET PROFIT MARGIN EXPECTED TO REMAIN A LITTLE BELOW LONGER‐TERM TARGET OF 18%
• SEES CAPEX TO BE AROUND A$70‐90 MILLION FOR FY22
• COMMITTED TO MAINTAINING DIVIDEND POLICY WHICH TARGETS 70% PAYOUT OF UNDERLYING NET PROFIT