Ebos revenue breaks above A$10b as it celebrates its 100th year

Ebos chief executive John Cullity said it was pleasing to hit this milestone in the 100th year of the company’s operation. (Photo: Ebos)

Dan Brunskill

Wed, 24 Aug 2022

Ebos Group, a wholesaler and distributor of healthcare products, lifted its annual profit by 9.3% as the covid outbreak continued to boost sales and 51 pharmacies joined its franchise network.Net profit climbed to A$202.6 million (NZ$225.9m) in the 12 months ended June 30, from A$185.3m a year earlier, the Melbourne-based company said in a statement.That profit figure includes A$25.6m of acquisition costs incurred during the year as Ebos bought five businesses, including the A$1.2 billion purchase of LifeHealthcare.Stripping out those one-off c...

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