Sonic Healthcare Anticipates Flat Earnings Despite COVID-19 Pandemic

  • Jun 24, 2020 AEST
  • Team Kalkine

Sonic Healthcare Limited (ASX:SHL) disclosed that for the 8.5 months to mid-March 2020, trading results of the Company were in line with the earnings guidance as provided earlier. However, in 2H of March, SHL encountered a dramatic fall in patient volumes and revenues across global businesses triggered by the COVID-19 and related lockdowns.

Moreover, SHL stated that due to uncertainty caused by pandemic, it is not in a position to provide FY21 guidance at this time, however, the Company will provide a further update with the FY20 results release in August 2020.

 


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