Sonic Healthcare guidance confirmed

Sonic Healthcare has confirmed its financial guidance for the current financial year, expecting annual underlying earnings growth of six to eight per cent.

Pathology and radiology services company Sonic Healthcare has affirmed its full-year earnings guidance for an increase in underlying earnings of six to eight per cent on last year.

Sonic chief executive Colin Goldschmidt has told the company's annual general meeting underlying earnings are expected to grow by six to eight per cent on a constant currency basis, up from $889 million in 2016/17.

Sonic posted a 5.3 per cent increase in underlying earnings in 2016/17, helped by strong gains in its laboratory and imaging divisions, acquisitions and hospital laboratory joint-ventures.


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Source: AAP


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