Pulse posts a pretty profit

31/08/2015 10:08:00

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Pulse Health Limited (ASX:PHG) says it has exceeded expectations and doubled its underlying net profit. 
 
The recent acquisition of The Hills Clinic has helped to grow EBITDA by 41% to $6.6 million. 
 
Underlying net profit after tax grew from $1.85 million to $4.1 million. 
 
The health care operator says it trumped its guidance expectations of 20 per cent growth delivering EBITDA growth of 25.5 per cent. 
 
Pulse, which recently made a highly aspirational bid for the Vision Eye Institute says it expects 2016 guidance to be in line with 2015 and it remains open to acquiring more specialist hospitals.