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Ramsay Health Care Limited (ASX:RHC) has boosted its annual profit forecast after improving its interim performance.
Australia’s largest private hospital operator lifted its net profit by 21.3 per cent to $191.4 million in the first half of the 2015 financial year.
Managing Director Christopher Rex says the company’s global operations are performing solidly and demand for healthcare remains high due to population growth, consumer wealth, government programs and an aging population.
Looking ahead the company expects to achieve annual core net profit after tax growth of between 18 per cent to 20 per cent, up from earlier guidance of between 14 per cent to 16 per cent.
A fully franked interim dividend of 40.5 cents per share has been declared.
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