Sonic Healthcare Limited

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Market Cap:
$13.84 billion
29.15 AUD
52 weeks high
52 weeks low

In brief

Sonic Healthcare Limited (Sonic) is engaged in the provision of medical diagnostic services and the provision of administrative services and facilities to medical practitioners. It has three segments. Pathology segment provides pathology services across Australia, New Zealand, the United Kingdom, the United States of America, and Germany and Switzerland. Radiology segment provides radiology and diagnostic imaging services in Australia and New Zealand. Other segment includes the corporate office function and other minor operations, as well as the consolidated results of Independent Practitioner Network Limited (IPN). On July 1, 2008, it acquired the Laboratory Prof. Krech Group. On September 1, 2008, Sonic completed the acquisition of 100% of the GLP Medical Group. On September 2, 2008, Sonic completed the acquisition of 100% of Clinical Laboratories of Hawaii and its associated anatomical pathology practice, Pan Pacific Pathologists.