Feb 11 (Reuters) - Cochlear Ltd (COH) :
- REDUCES EARNINGS GUIDANCE FOR FY20 DUE TO CORONAVIRUS IMPACT IN GREATER CHINA
- REDUCES EARNINGS GUIDANCE FOR FY20 FROM $290-300 MILLION TO $270-290 MILLION
- LOW END OF GUIDANCE FACTORS IN A SIGNIFICANT DECLINE IN SALES FOR GREATER CHINA FOR SECOND HALF
- CHINESE SUPPLIERS ARE EXPECTED TO RESUME PRODUCTION OF COMPONENTS AFTER LUNAR NEW YEAR SHUTDOWN
- HOSPITALS IN GREATER CHINA, HONG KONG & TAIWAN DEFERRING SURGERIES, INCLUDING COCHLEAR IMPLANTS, TO LIMIT RISK OF INFECTION FROM VIRUS
- DO NOT EXPECT DISRUPTION TO OUR ABILITY TO SUPPLY PRODUCTS TO CUSTOMERS AT THIS STAGE
- ASSUMES THERE WILL NOT BE ANY MATERIAL DISRUPTION TO SUPPLY CHAIN
- HAVE AT LEAST 3 MONTHS INVENTORY OF MOST COMPONENTS, AND FOR NOW DOES NOT EXPECT ANY DISRUPTION TO SUPPLY PRODUCTS TO CUSTOMERS
- NO ALLOWANCE HAS BEEN MADE FOR ANY IMPACT ON SALES OUTSIDE GREATER CHINA
- CORONAVIRUS WILL IMPACT NUMBER OF COCHLEAR IMPLANT SURGERIES IN GREATER CHINA
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Last
$317.00 |
Change
4.170(1.33%) |
Mkt cap ! $20.65B | |||
| Open | High | Low | Value | Volume |
| $314.28 | $318.91 | $313.71 | $43.40M | 137.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 324 | $317.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $317.18 | 55 | 1 |
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| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| COH (ASX) Chart |