Acurity beats guidance as FY profit gains 55%, sees PPP opportunities

Sun, 25 May 2014

By Paul McBeth May. 26 (BusinessDesk) - Acurity Health Group, the private hospital operator formerly known as Wakefield Health, boosted annual profit 55 percent, beating guidance, and anticipates growth in the coming year from the public sector, which it says is ripe for public-private partnerships. Net profit rose to $9.1 million, or 53 cents per share, in the 12 months ended March 31 from $5.9 million, or 34 cents, a year earlier, the Wellington-based company said in a statement. Underlying earnings, which strip out a $1.1 million gain...

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