Stock Track | Sigma Healthcare Soars 5.02% Intraday on Strong H1 Results, Dividend Declaration and Continued Growth Momentum

Stock Track
Feb 26

Sigma Healthcare Ltd's stock soared 5.02% during intraday trading on Thursday, following the release of its strong first-half financial results and positive business updates.

The company reported H1 revenue of AUD 5.5 billion, representing a 14.9% increase, with normalised net profit after tax rising 19.2% to AUD 392.0 million. Performance was supported by continued expansion of Chemist Warehouse and successful integration of the two businesses, with Australian Chemist Warehouse branded store sales up 17.2% and international retail network sales growing 24.5%.

Additionally, the company declared an interim dividend of 2.0 AU cents per share fully franked and noted that trading in the first seven weeks of the second half has seen growth momentum continue, while net debt decreased to AUD 635.1 million.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10