Intelligent Investor

Sonic Healthcare Limited

By · 8 Sep 2000
By ·
8 Sep 2000
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Recommendation

Sonic Healthcare Limited - SHL
Current price
$26.27 at 16:40 (19 April 2024)

Price at review
$6.99 at (08 September 2000)
All Prices are in AUD ($)
Thanks to a number of acquisitions, sales during the year to June 2000 grew 123% but net profit after tax rose a more modest 26% to $21.9m, but still good, thanks to the management of new businesses. The dividend was one cent better at 15 cents. Don't expect the same sort of growth this year and as we said in issue 45 (Hold - $7.08), continue to HOLD.
IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
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