Brief: Synlab AG Synlab Agrees To Sell Swiss Business To Sonic Healthcare

Synlab AG

27/06/2023 24:02

June 26 (Reuters) - Synlab Ag  SYAB.DE :
    * EQS-NEWS: SYNLAB AG: SYNLAB AGREES TO SELL SWISS BUSINESS
TO
SONIC HEALTHCARE
    * SALE DOES NOT LEAD TO A CHANGE IN COMPANY'S FY 2023
REVENUE
GUIDANCE OF AROUND EUR 2.7 BILLION
    * OPERATIONS IN SWITZERLAND WERE EXPECTED TO GENERATE
REVENUES OF
AROUND EUR 50 MILLION
    * TRANSACTION ALSO HAS A POSITIVE IMPACT ON ADJUSTED EBITDA
MARGIN
OF SYNLAB WITHIN GIVEN FY 2023 GUIDANCE OF 16-18%
    * DEAL WILL REDUCE ADJUSTED NET DEBT OF GROUP BY AROUND CHF
150
MILLION (AROUND EUR 154 MILLION)

Source text for Eikon:  ID:nEQblCg7Va 
Further company coverage:  SYAB.DE 

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