Sonic Healthcare stock jumps nearly 10% after profit lift, dividend hike, guidance held
Sonic Healthcare shares jumped 9.9% to A$23.34 after half-year net profit rose 11% to A$262 million and revenue climbed 17% to A$5.45 billion. The company raised its interim dividend to 45 Australian cents, with the stock set to trade ex-dividend on March 4. Full-year earnings guidance was maintained. Management flagged a review of U.S. operations and a planned A$450–500 million sale-and-leaseback of its Brisbane lab.