SIG 5.37% $2.55 sigma healthcare limited

News: SIG Sigma Healthcare Confirms FY19 Underlying EBIT Guidance Of About $75M

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    Feb 11 (Reuters) - Sigma Healthcare Ltd (SIG) :

    • FY19 UNDERLYING EBIT GUIDANCE OF AROUND $75M CONFIRMED
    • EXPECT TO DELIVER FY20 UNDERLYING EBITDA OF $55-$60M
    • PROGRAM OF WORK IDENTIFIED COST EFFICIENCIES OVER $100 MILLION PER ANNUM, WILL BE PROGRESSIVELY BE DELIVERED OVER NEXT 18-24 MONTHS
    • EXPECT MINIMAL NET DEBT FROM FY20 DESPITE EXTENSIVE CAPITAL INVESTMENT PROGRAM & RETENTION OF HIGH DIVIDEND PAYOUT RATIO
    • AUSTRALIAN PHARMACEUTICALS INDUSTRIES HAS COMMENCED DUE DILIGENCE ON CO
 
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