Sonic Healthcare: Result 2015

Sonic has been denied a lucrative Canadian contract, but its European operations are growing strongly.

Pathology network Sonic Healthcare received a blow this year when Alberta Health Services decided against offering the company an exclusive 15-year contract, despite choosing Sonic as its preferred pathology provider late last year. The contract would have added C$200m (A$208m) a year in revenue, required little capital expenditure, and was also expected to provide a platform for other provincial contract wins. It was a significant loss.


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