The company also used its full year financial results to announce the acquisition of Health of Australia Holdings Pty Ltd. "Healthscope expects significant cost synergies in relation to the acquisition to be delivered in FY2010," it said. In its results the company said its net profit in the year to June 30 was up 12.3 per cent at $72.3 million, compared to $64.4 million the previous year. Its net profit from continuing operations before non-recurring items was up 17.8 per cent to 88.2 million.