Cochlear’s Half Year Result 22 Feb 22: Sales, profits & dividend lift

Hearing implant maker Cochlear (COH) posted a lift in half year sales, profits & its dividend thanks partly to strong demand for upgrades to its devices. Underlying profit rose by 26% to $158m despite the impact of surgery delays on cochlear implant sales. Its profit margins improved, it maintained its outlook for the year and raised its dividend by 35%.

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