Ramsay Health Care reports $329M FY26 profit
- Ramsay Health Care delivers an FY26 net profit after tax of $329.2 million.
- The company determined a fully franked final dividend of 48.5 cents per share.
- Performance momentum in Australia and operational improvements drove earnings growth across all regions.
Ramsay Health Care (ASX:RHC) reported a full-year net profit after tax of $329.2 million for the twelve months ended June 30.
The result represents a significant gain from the $24 million net profit reported in the prior corresponding period.
"Our Australian hospitals business delivered a strong performance, with our transformation continuing to build momentum behind our ‘Big 5’ hospital initiatives," said Ramsay Health Care CEO Natalie Davis.
Underlying EBIT rose 11.5% to $1.16 billion, while group capital expenditure was kept below the revised range at $729 million.
Ramsay Santé reported a reduced underlying loss after minority interests despite a €20m reduction in French government subsidies and the continued inadequacy of French hospital tariff indexation relative to cost inflation.
Following the announcement, the Ramsay Health Care share price was unchanged at $44.02.
The board declared a fully franked final dividend of 48.5 cents per share, bringing its total dividend to 91 cents per share.
For FY27, Australia is targeting incremental EBIT growth and margin expansion driven by activity growth, improved capacity utilisation, revenue indexation in line with cost indexation, and operational improvement initiatives, as well as a $10-15 million increase in opex investment in IT, technology and transformation.
The healthcare provider noted that operational progress in Australia was supported by a 3.3% increase in activity growth.
The company also stated that the proposed in-specie distribution of Ramsay Santé remains on track for completion in 2026.
