Sonic Healthcare Ltd rises Thursday, underperforms the Health Care sector
Here is the latest company close update for Sonic Healthcare Ltd, SHL.
Here is the latest company close update for Sonic Healthcare Ltd, SHL.
Sonic Healthcare shares have fallen since it announced its $693m deal to buy LADR Lab Group in Germany this week, despite analysts suggesting that the transaction made sense
Sonic Healthcare will buy a German laboratory business for nearly $700m, with the deal including an option over a second business.
The mooted ascension of prominent anti-vaxxer Robert F. Kennedy Jr to US Secretary of Health could be a positive for Sonic Healthcare.
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The $12bn Sonic Healthcare has been talking about further acquisitions for years, but one of its next big Australia deals could be just around the corner.
In a subdued session, Tuesday’s trading gave back a portion of Monday’s rally.
The pathology and radiology provider has cut its annual profit forecast by more than $100m, with inflation and currency headwinds taking their toll.
In Part 2 of our look at the ASX’s dominant pathology stocks, Morningstar considers the second-largest operation, Healius and areas it can finetune.
As the pandemic faded, so did investors’ thirst for now-undervalued ASX pathology stocks, says Morningstar, as it puts Sonic under the microscope.
The ASX-listed pathology group has bought Dr Risch as it looks to expand its presence in Switzerland after interim profit dived 47 per cent.
A drop in ‘Covid revenue’ punched a hole in Sonic Healthcare’s results but it called out AI as part of a $350m growth strategy.
Collins Foods jumps on eight-month high after earnings beat. Iron ore in biggest jump since May. Bega to sell $115m Port Melbourne site. Medibank falls on APRA’s $250m hit.
Small cap health stocks commonly don’t pay dividends. But these ASX players have been handing out – not burning through – cash.
Health stock CleanSpace has made impressive gains after making headway in the US. Meanwhile, Sonic jumped despite falling revenue.
Despite a massive decline in PCR tests to detect Covid-19, the group’s net profit is still well up on pre-pandemic levels, triggering a share rally.
Shares rally the most in a month after a rise in the jobless rate. Orora and Sonic Healthcare rocket on earnings beat. AMP dives on profit miss. ANZ says higher rates for longer.
Pathology giant Sonic Healthcare and life sciences company Proteomics partner to develop a world-first for people with kidney disease.
After delivering pathology companies a bonanza, government-funded pathology testing to diagnose Covid-19 has fallen dramatically, Sonic Healthcare’s latest trading update reveals.
The pandemic and taxpayer-funded Covid-19 tests has propelled ASX-listed pathology group Sonic Healthcare to deliver record revenue of $9.34bn.
Original URL: https://www.theaustralian.com.au/topics/sonic-healthcare