Sonic Healthcare Limited ( (SKHHY) ) has released its Q2 earnings. Here is a breakdown of the information Sonic Healthcare Limited presented to its investors.
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Sonic Healthcare Limited is a leading global healthcare provider specializing in laboratory and radiology services across several countries, including Australia, the USA, and Europe. The company is known for its comprehensive diagnostic services and strong market presence in the healthcare sector.
In its latest earnings report for the six months ending December 31, 2024, Sonic Healthcare reported a robust financial performance with an 8.4% increase in revenue, reaching A$4.67 billion. The company also recorded a 17% rise in net profit attributable to shareholders, amounting to A$237 million, and an increase in earnings per share.
Key highlights from the report include a significant growth in EBITDA by 12.3%, driven by both organic revenue growth and strategic acquisitions. The company demonstrated strong cash flow conversion, with a notable 103% of EBITDA converted to gross operating cash flow. Sonic’s strategic initiatives, including cost reduction programs and recent acquisitions, have effectively contributed to its financial growth.
Sonic Healthcare’s management maintains a positive outlook for the fiscal year 2025, anticipating continued growth in earnings and maintaining its progressive dividend policy. The company remains on track to achieve its full-year earnings guidance, bolstered by strong operational performance and strategic expansions in key markets.
