Capitol Health Ltd. Provides Earnings Guidance for the Full Year Ended June 30, 2016
August 31, 2016 at 07:57 pm EDT
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Capitol Health Ltd. provided earnings guidance for the full year ended June 30, 2016. For the period, the company revenue expected to be $158 million, up 42% on fiscal year 2015. Core Radiology EBITDA expected to be $23 million before business development costs, slightly up on prior corresponding period. Reported net loss before tax (after individually significant items) expected to be $3.2 million. EBITDA expected to be $22.3 million. Allowing for the individually significant items, the normalized (underlying) net profit before tax figure is expected to be $10 million.
Capitol Health Limited is an Australia-based company, which is engaged in providing the diagnostic imaging and related services to the Australian healthcare market. The Company owns and operates clinics throughout Victoria, Tasmania, South Australia, and Western Australia. Its operational focus is on delivering a community-based infrastructure for radiologists and related medical practitioners to deliver optimal, efficient, accurate healthcare service outcomes for patients. Its businesses operate under the brands Capital Radiology, Imaging at Olympic Park, Radiology Tasmania, Fowler Simmons Radiology, Womenâs Imaging, FMIG and Direct Radiology. The Company manages the needs of patients requiring diagnostic imaging and interventional services, including general X-rays, ultrasounds, computed tomography (CT) and magnetic resonance imaging (MRI), and specialized services, such as mammography, echocardiography, nuclear medicine, cardiac imaging, and specialty musculoskeletal procedures.