Sonic Healthcare Limited

( ASX:SHL ) - Health Care Equipment & Services


Sonic Healthcare Returns To Growth

Sonic Healthcare (SHL) has shelved a challenging year, providing an outlook for FY16 considered the best for some time. Guidance for earnings is in the range of $850-875m, at spot FX rates, which most brokers find reasonable and achievable. The risk is unexpected cuts to government funding.

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Easy Come, Easy Go

As we discussed in a blog post last month, pathology markets around the world are predominantly supported by government funding. This is a blessing and a curse for private operators, evidenced by Sonic Healthcare’s latest announcement.

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