In a difficult year, Cochlear [ASX: COH] has posted excellent year-end results, with net profit up 15 per cent from last year.

Total revenue was $601.7 million, up eight per cent, for a net profit after tax of $115.2 million, slightly below forecasts.

Sales revenue has grown 18 per cent, after accounting for the appreciation of the Australian dollar.

Shareholders will be rewarded with a dividend of 80 cents per share.

The company said it expected double-digit growth again next year.