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Home / Business / Companies / Healthcare

Acquisitions lift Ebos

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22 Aug, 2008 06:30 PMQuick Read

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KEY POINTS:

Medical supplies company Ebos reported a 61 per cent increase in annual net profit to $16.7 million with the help of trading from four acquisitions.

Earnings before interest, tax, amortisation and depreciation rose 78 per cent in the year to June 30 to $33.6 million.

The
result includes 10 months trading of the large PRNZ acquisition completed on August 31 last year, and the trading results of Tasmed, Vital Medical, and Crown Scientific, acquired during the year.

Directors declared a bonus share distribution of 13.5c per share, to be issued on October 10, making a total of 23c per share for the year.

Ebos said its acquisitions were performing as expected.

The company has a new three-year banking arrangement with ANZ Banking Group and said its cashflows are strong.

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