MEDIBANK 2015 FULL YEAR RESULTS
Medibank has announced its results for the year ended 30 June 2015, its first annual financial result since listing on the Australian Securities Exchange (ASX) on 25 November 2014.
Revenue in the period rose 2.9 per cent to $6.68 billion, operating profit increased by 33% and pro-forma net profit after tax rose 12.9 per cent to $291.8m.
Managing Director George Savvides, said, “We are pleased to report our first annual result as a listed company, delivering ahead of our prospectus earnings and dividend forecasts. While there have been changes associated with our transition to being a publicly listed company, our purpose of delivering high quality, affordable healthcare for our members remains unchanged.”