Green Cross Health Half Year Results to 30 September 2018
Listed primary health care provider Green Cross Health, the group behind Unichem and Life Pharmacy, The Doctors and Access Community Health, has reported a 9% increase in Revenue to $282m in the six months to 30 September 2018 compared to the prior period. Net Profit after tax attributable to shareholders was $8.1 million, compared to $8.8 million in the prior period. Result Summary: o Revenue of $282m up 9% o EBITDA at $18.4m down 5.2% o Operating Profit $14.9m down 9.5% o Net Profit after tax attributable to shareholders of $8.1m down 7.1% o Pharmacy Revenue growth of 2.2% but Operating Profit down 3.8% at $13.9m o Medical performed strongly with Revenue up 37.5% and Operating Profit up 32.4% to $2.0m o Revenue growth in Community Health up 15.3% but Operating Profit down $1.1m to $0.3m o Operating Cash Flow returned to normal level at $8.8m o Net Debt $44.1m up $5.6m primarily due to investment in new acquisitions o Interim Dividend consistent with prior period at 3.5 cents per share. Please refer to the attached interim financial statements and supporting documents for further information. End CA:00327419 For:GXH Type:HALFYR Time:2018-11-27 08:30:48