Abano expects 50% lift in 2017 first-half profit on gains from dental acquisitions

Sophie Boot
Mon, 24 Oct 2016

By Sophie Boot Oct. 25 (BusinessDesk) - Abano Healthcare, the Australasian dental centre and radiology operator, told shareholders at today's annual meeting it expects to lift first-half profit by up to 50 percent in 2017 with increased earnings driven by dental acquisitions. Auckland-based Abano, which owns the Lumino the Dentists chain in New Zealand and Maven Dental Group in Australia, is investing to grow its chain of dental businesses in a fragmented market across both countries, where it aims to capture 10 percent of the $11 billion...
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