Brief: Paragon Care Announces Changes To Ramsay Healthcare Contract

Ramsay Health Care

16/01/2026 10:18

Jan 16 (Reuters) - Paragon Care Ltd PGC.AX:

PARAGONCARE ANNOUNCES CHANGES TO RAMSAY HEALTHCARE CONTRACT

PARAGONCARE TO EXIT AS PRIMARY WHOLESALE TO RAMSAY HEALTHCARE

TRANSITION OUT OF RAMSAY HEALTHCARE CONTRACT FROM 1 FEBRUARY 2026

WORKING CAPITAL RELEASED WILL BE A$4.5 MILLION USED TO REPAY DEBT

WILL FOCUS ON REMOVING ASSOCIATED SUPPLY CHAIN COSTS, EXPECTED TO NEUTRALISE GROSS MARGIN IMPACT

Further company coverage: PGC.AX

 ((Reuters.Briefs@thomsonreuters.com;))