Medical diagnostic imaging services provider Capitol Health has said that it expects to return to profitability in the next financial year and has upgraded its outlook for the year.
With restructuring now complete, it said that it is seeing “strong underlying growth” of 5-6%. This is being driven by business in Victoria. At the same time it is being helped by a stable regulatory environment.
The group’s next steps, it said, were to reduce interest costs via repayment and note refinancing.
It has increased its guidance for the year to revenues of between A$121 million (US$91.7 million) and A$126 million with EBITDA in the range of A$21.5 million to A$23.5 million.