Abano Provides Trading Update for June

  • Jul 09, 2020 NZST
  • Team Kalkine
Abano Provides Trading Update for June

After opening operations in the month of May, Abano Healthcare Group Limited’s (NZX: ABA) dental networks have strongly recovered and are performing ahead of expectations.

  • For June 2020, Lumino’s segment same-store revenue was about 113 per cent of the same period last year, with Maven at about 98 per cent;
  • Forward bookings for both Maven and Lumino, for the next 2 months, are ahead of where they were at the same point 12 months ago;
  • The company’s net debt at 30 June 2020 was $124.4 million, with existing facilities at $169 million.

 


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