ASX:SIGHealthcare
Sigma Healthcare (ASX:SIG) Shares Drift As Margin Compression Tempers Profit Growth
Sigma Healthcare stock closed at A$2.62, with the shares drifting over the past month even as the company posted one of the stronger profit stories in Australian healthcare retail this season. The headline is simple: normalised net profit after tax reached A$732 million and normalised earnings per share came in at A$0.064, backed by a A$0.04 full year dividend.
The short term price softness now sits against a business that has lifted earnings faster than revenue and is running a trailing net...