Green Cross Health
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Green Cross Health (GXH) investor relations material

Green Cross Health H2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H2 2026 earnings summary29 May, 2026

Executive summary

  • Group revenue increased 4% year-over-year to $546.0m, driven by improved medical funding, immunisation incentives, and higher pharmacy dispensary revenue.

  • Operating profit (EBIT) rose 17% to $45.3m, reflecting revenue growth and cost control initiatives.

  • Net profit after tax attributable to shareholders grew 28% to $20.4m, with EPS at 14.2 cps.

  • Final FY26 dividend of 5.50cps declared, payable on 22 June 2026, with a special dividend paid following the divestment of the Community Health division.

  • Digital enhancements included new apps and online booking systems for both Pharmacy and Medical divisions.

Financial highlights

  • Pharmacy operating revenue up 2% to $380.2m; operating profit up 4% to $22.2m.

  • Medical operating revenue up 8% to $165.8m; operating profit up 33% to $26.0m.

  • Over 38 million prescription items dispensed and 330,000 vaccinations administered, a 1% increase year-over-year.

  • Operating cash flow reached $54.6m; net cash position of $8.6m as of 31 March 2026.

  • Gearing ratio reduced to 9.4%; undrawn committed debt facilities of $46.0m.

Outlook and guidance

  • Launch of new Primary Health Organisation (Community Care Limited) set for 1 July 2026, strengthening direct funding and frontline services.

  • Expansion of Care & Advice Health Hubs and extension of pharmacist scope of practice expected to drive future growth.

  • Continued investment in technology, clinical services, targeted refurbishments, and operational efficiency to support revenue and margin growth.

  • Pharmacy to advocate for improved funding and expand Care & Advice Health Hubs.

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Frequently asked questions

Green Cross Health Limited is a New Zealand-based healthcare company that operates in the pharmacy, medical, and community health sectors. The company owns and franchises a network of retail pharmacies under brands such as Unichem and Life Pharmacy, providing prescription services, health advice, and over-the-counter products. In addition, Green Cross Health offers primary healthcare services through medical centers and community health services, including home healthcare support. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.