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Company News Summary

Sigma Healthcare Provides Chairman's Address to Shareholders

15 May 2019  |  09:39:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Chairman's Address to Shareholders

Sigma Healthcare provided Chairman's address to Shareholders. It maintained a high dividend payout ratio, with over 80% of Underlying NPAT or 116% of Reported Net Profit after Tax, paid as a dividend. The Board has continued its commitment to maintaining a high dividend payout ratio for the foreseeable future. Total Revenue was $3.97bn, down 2.9% mainly reflecting the reduction in high value but low margin Hepatitis C product. Excluding that impact, Sales Revenue was up 2.9% to $3.75bn.

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