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Cochlear Ltd (COH.AX)

COH.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

FDA approves remote feature to program Cochlear implants
Friday, 17 Nov 2017 02:46pm EST 

Nov 17 (Reuters) - U.S. Food & Drug Administration: :Says approved remote feature for follow-up programming sessions for Nucleus Cochlear implant system through telemedicine platform.Says granted the approval of the Nucleus Cochlear implant system to cochlear americas‍​.  Full Article

Cochlear says FY net profit attributable up 18 pct to $223.6 mln‍​
Wednesday, 16 Aug 2017 07:56pm EDT 

Aug 17 (Reuters) - Cochlear Ltd :Final dividend payable $1.40 per security.FY net profit attributable up 18 percent to $223.6 mln‍​.FY revenue up 11 percent to $1.25 billion.For FY18, Cochlear expects reported net profit to increase to $240-250 million.Continues to target dividend payout ratio of about 70 pct of net profit for FY18.Stronger Australian dollar will impact earnings and is likely to reduce underlying net profit growth by few percent points in FY18.  Full Article

Cochlear ‍says plans to expand global manufacturing capacity with a new facility in China
Wednesday, 12 Jul 2017 11:55pm EDT 

July 13 (Reuters) - Cochlear Ltd ::‍Announced plans to expand its global manufacturing capacity with a new facility in China for an estimated AUD$50 million​.Products to be manufactured at facility in Chengdu with production expected to commence within four years​.Entered into an investment cooperation agreement with management committee of Chengdu Tianfu new area.  Full Article

Cochlear announces acquisition of Sycle LLC
Wednesday, 10 May 2017 08:12pm EDT 

May 11 (Reuters) - Cochlear Ltd ::Cochlear acquires audiology practice management software.Announces acquisition of 100% of shares of Sycle Llc.Cochlear will acquire business of Sycle for a total consideration of an estimated US$78 million.Acquisition is debt free and will be funded from existing debt facilities.  Full Article

Cochlear appoints Brent Cubis as CFO
Thursday, 9 Feb 2017 07:23pm EST 

Cochlear Ltd :Appoints Brent Cubis as chief financial officer.  Full Article

Cochlear appoints Brent Cubis as CFO
Thursday, 9 Feb 2017 06:48pm EST 

Cochlear Ltd :Appoints Brent Cubis as chief financial officer.  Full Article

Centuria Metropolitan Reit No 2 to sell property to Cochlear Ltd
Wednesday, 21 Dec 2016 12:48am EST 

Centuria Metropolitan Reit No 2 - : CMA announces sale of Mars Road, Lane Cove . CMA has entered into an unconditional contract for sale of 14 Mars Road, Lane Cove, to incumbent tenant, Cochlear Limited . Contract for sale of 14 mars road, lane cove, to Cochlear Limited for $26.0 million . Cma intends to use proceeds from sale to reduce debt pending identification of a suitable reinvestment opportunity .Disposal does not materially impact cma's fy17 earnings; guidance is reaffirmed within range of 18.7 to 19.0 cents.  Full Article

Cochlear says Neville Mitchell to retire as CFO
Wednesday, 28 Sep 2016 09:39pm EDT 

Cochlear Ltd :Chief financial officer Neville Mitchell, will retire by end of current financial year.  Full Article

Cochlear says Neville Mitchell to retire as CFO
Wednesday, 28 Sep 2016 06:57pm EDT 

Cochlear Ltd :Chief financial officer Neville Mitchell, will retire by end of current financial year.  Full Article

Cochlear sees FY 2017 net profit up about 10-20 pct on FY 2016
Monday, 8 Aug 2016 06:23pm EDT 

Cochlear Ltd : FY 2017 net profit guidance of $210-225M, up about 10-20% on FY 2016 . Final dividend of $1.20 cents per share, up 20%, franked at 100% . Company will continue to target a dividend payout ratio of around 70% of net profit . Expect FY 2017 research and development expenditure to be broadly in line with that for FY 2016 . In Europe, Cochlear does not expect any immediate impact on the business from the UK's decision to withdraw from the European union .  Full Article

BRIEF-Cochlear appoints Diggory William​ ‍howitt as managing director

* Diggory William​ ‍Howitt has been appointed as managing director Source text for Eikon: Further company coverage: