News: COH Cochlear says FY net profit attributable up 18 pct to $223.6 mln

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    Aug 17 (Reuters) - Cochlear Ltd (COH)

    • Final dividend payable $1.40 per security
    • FY net profit attributable up 18 percent to $223.6 mln
    • FY revenue up 11 percent to $1.25 billion
    • For FY18, Cochlear expects reported net profit to increase to $240-250 million
    • Continues to target dividend payout ratio of about 70 pct of net profit for FY18
    • Stronger Australian dollar will impact earnings and is likely to reduce underlying net profit growth by few percent points in FY18
 
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