Monash IVF: Result 2015

This IVF provider had some positive news on the pricing front, but its doctors are unhappy.

Monash IVF has reported a reasonable result with revenue increasing 10% to $125m. Unfortunately, a good 70% of the growth was due to the recent NSW acquisitions of Next Generation Fertility and Fertility East. Revenue was around $5m below management’s expectations, as outlined in the company’s prospectus when it listed on the ASX last year. Slower than anticipated overall market growth was the scapegoat.

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