Aug 15 (Reuters) - Cochlear Ltd (COH) : FY24 UNDERLYING NET...

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    Aug 15 (Reuters) - Cochlear Ltd (COH) :

    • FY24 UNDERLYING NET PROFIT GUIDANCE RANGE IS A$355-A$375M
    • COCHLEAR IMPLANT TRADING CONDITIONS CONTINUE TO BE STRONG ACROSS MOST MARKETS
    • EXPECT SOLID MARKET GROWTH RATES TO DRIVE HIGH SINGLE DIGIT GROWTH IN OUR COCHLEAR IMPLANT UNITS FOR FY24
    • SERVICES SEGMENT IS EXPECTED TO PERFORM STRONGLY WITH CONTINUING STRONG DEMAND FOR UPGRADES TO NUCLEUS 8 SOUND PROCESSOR
    • CLOUD COMPUTING-RELATED INVESTMENT IS EXPECTED TO BE AROUND A$34 MILLION IN FY24
    • EXPECT IMPLANT UNIT MARKET SHARE GAINS FROM FY23 TO STABILISE AND FOR THERE TO BE FEWER COVID-RELATED BACKLOG SURGERIES
    • MAINTAINS A DIVIDEND POLICY THAT TARGETS A 70% PAYOUT OF UNDERLYING NET PROFIT FOR FY24
    • CAPITAL EXPENDITURE IS EXPECTED TO BE A$70-90 MILLION FOR FY24
 
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(20min delay)
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

Buyers (Bids)

No. Vol. Price($)
1 2 $312.75
 

Sellers (Offers)

Price($) Vol. No.
$314.51 72 1
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
COH (ASX) Chart
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