Full Year 2021 Sonic Healthcare Ltd Earnings Call Transcript

Aug 23, 2021 / 12:00AM GMT
Colin Stephen Goldschmidt - Sonic Healthcare Limited - CEO, MD & Executive Director

Thank you very much, and good morning, and welcome to everyone on the call. My name is Colin Goldschmidt. I'm the CEO of Sonic Healthcare. And I'm joined today by Sonic's CFO, Chris Wilks, and Sonic's Deputy CFO, Paul Alexander.

I plan to take you through the presentation as the first step in this call. And after that, we'll take your questions and answer them as a group. So thank you very much for being on the call. We're talking today about Sonic's full year result for the FY 2021 year ended 30th of June 2021. I trust you have the presentation in front of you. And if I could ask you to go to Slide #3, which is the headline slide, and we'll just go through the Sonic headlines for FY 2021.

Our revenue came in at AUD 8.8 billion, which is 28% up on the prior year. EBITDA at $2.6 billion which is about 80% up on the previous year, and our net profit at $1.3 billion, which is around 150% up on the prior year. A key feature of Sonic as it stands today is the strength of our balance sheet where our gearing

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