Contributions from new acquisitions drive Sonic Healthcare's (ASX: SHL) 1HFY24 revenue growth.

Wed 13 Mar 24, 02:44 AM | Team Kalkine

Image source: @Tumisu/Pixabay

Highlights

Australia-based Sonic Healthcare Limited (ASX: SHL) provides laboratory medicine / pathology, radiology, and primary care medical services. The company operates across North America, Europe and Australasia.

The AUD 13.39-billion-marketcap company witnessed 5% YoY jump in its revenue to AUD 4,306 million in the first half of the financial year 2024 (1HFY24). In 1HFY24, base business revenue, excluding Covid-related services, had increased by 15% YoY to AUD 4,267 million backed by contributions from the three acquisitions undertaken during the period.

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