Feb 19 (Reuters) - Cochlear Ltd (COH) :
- SEES FY21 UNDERLYING NET PROFIT GUIDANCE OF $225‐245M
- IN SECOND HALF, EXPECT DEVELOPED MARKETS TO DELIVER SIMILAR CI UNITS TO FIRST HALF
- CAPITAL EXPENDITURE IS EXPECTED TO BE AROUND $70 MILLION FOR FY21 AND IN RANGE OF $60‐80 MILLION FOR FY22
- IN FIRST SIX WEEKS OF 2021, CI UNITS WERE DOWN MODESTLY ON LAST YEAR
- SEES STRENGTHENING AUSTRALIAN DOLLAR IS EXPECTED TO HAVE A MATERIAL IMPACT ON SECOND HALF NET PROFIT
- UK CONTINUES TO BE MOST AFFECTED WITH MAJORITY OF CLINICS NOW LIMITED TO EMERGENCY PROCEDURES ONLY
- LEVEL OF HEDGING IN PLACE FOR FY21 IS LOWER THAN NORMAL DUE TO COVID‐RELATED UNCERTAINTY OF CASHFLOWS
- COMMITTED TO MAINTAINING DIVIDEND POLICY WHICH TARGETS 70% PAYOUT OF UNDERLYING NET PROFIT
News: COH Cochlear Sees FY21 Underlying Net Profit Guidance Of $225‐245M
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Last
$312.83 |
Change
-1.180(0.38%) |
Mkt cap ! $20.45B | |||
| Open | High | Low | Value | Volume |
| $314.04 | $316.34 | $312.83 | $32.53M | 103.6K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | $312.75 |
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| Price($) | Vol. | No. |
|---|---|---|
| $314.51 | 72 | 1 |
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