Announcement

FLLYR: GXH: Full Year Results to 31 March 2019 08:30a.m. 
GXH  
29/05/2019 08:30  
FLLYR  
PRICE SENSITIVE  
REL: 0830 HRS Green Cross Health Limited  
 
FLLYR: GXH: Full Year Results to 31 March 2019  
 
Listed primary health care provider Green Cross Health, the group behind  
Unichem and Life Pharmacy, The Doctors and Access Community Health, has  
reported a 5.6% increase in Revenue to $567m in the twelve months to 31 March  
2019 compared to the prior period. Net Profit after Tax Attributable to  
Shareholders was $16.1 million, up 3.2% from $15.6 million (restated from  
$16.8m*) in the prior period.  
 
Result Summary:  
o Revenue of $567m (+5.6%)  
o EBITDA** at $36.9m (+2.3%)  
o Operating Profit $29.4m (-2.2%)  
o Reported Net Profit after Tax Attributable to Shareholders of $16.1m  
(+3.2%)  
o Pharmacy Revenue flat at $340m, Operating Profit down 5.5% at $27.3m  
o Medical performed strongly with Revenue up 34% and Operating Profit up 20%  
to $4.4m  
o Community Health Revenue up 9.3% but Operating Profit $0.1m (down $1.1m)  
o Operating Cash Flow $29.5m (down $3.7m)  
o Net Debt $32.5m (reduction of $6.0m)  
o Final Dividend declared consistent with prior period at 3.5 cents per  
share.  
 
Please refer to the attached for further information.  
 
*Restated to incorporate changes in Accounting Standards and restatement of  
alternate leave liability. See note 2 (c) of the 2019 financial statements.  
**EBITDA is a non-GAAP measure. It is the net of Operating Revenue less  
Operating Expenditure and excludes Share of Equity accounted net earnings.  
End CA:00335172 For:GXH Type:FLLYR Time:2019-05-29 08:30:22