Healthscope, the biggest sharemarket listing in four years, remains on track to meet the fiscal 2015 earnings guidance laid out in its prospectus. At 11. 30am (AEST), Healthscope shares were 0. 88 per cent lower at $2. 25, against a 0. 16 per cent benchmark index lift.
Healthscope, Australia’s second biggest private hospital operator, delivered a full-year net loss of $19. 3m, a far improved performance on the $145. 1m forecast in Healthscope’s prospectus, due to lower net financing costs.
Healthscope said on current information, the group is on track to deliver the forecasts included in its prospectus, notably fiscal 2015 operating EBITDA of $387. 3m and operating EBIT of $284. 7m. The company raised $2. 25bn in an IPO in July, at the lower end of the range given in its prospectus.
Read more here: Business Spectator