Cochlear’s big first half delivers record earnings and dividend
Ben PotterSenior writer
Cochlear declared a record interim dividend thanks to strong growth for its core hearing implants and related services.
The Sydney-based maker of hearing implants and acoustic devices said it suspended a long-term share buyback launched at the time of last year’s interim report because higher interest rates are delivering bumper earnings on its half-billion-dollar cash pile.
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Ben Potter writes on energy, climate change and innovation, and has been Washington correspondent, opinion editor and companies editor. Connect with Ben on Twitter. Email Ben at bpotter@afr.com
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