Edition:
United States

Abano Healthcare Group Ltd (ABA.NZ)

ABA.NZ on New Zealand Stock Exchange

9.30NZD
21 Aug 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$9.30
Open
$9.30
Day's High
$9.30
Day's Low
$9.26
Volume
15,082
Avg. Vol
73,871
52-wk High
$10.11
52-wk Low
$7.55

Latest Key Developments (Source: Significant Developments)

Abano Healthcare to raise about NZ$35 mln through rights offer
Tuesday, 25 Jul 2017 04:31pm EDT 

July 26 (Reuters) - Abano Healthcare Group Ltd :Intends to raise approximately NZ$35 million through a fully underwritten 1 for 5 pro-rata renounceable rights offer.Abano's dividend reinvestment plan has been suspended in respect of final dividend for six months ended 31 May 2017.  Full Article

Abano Healthcare says FY NPAT up 47 pct
Tuesday, 25 Jul 2017 04:31pm EDT 

July 26 (Reuters) - Abano Healthcare Group Ltd :fy npat up 47% on previous year to $10.9 million and underlying npat up 43% to a record $11.5 million.final dividend of 20 cps.Fy revenue was $233.5 million.all figures in NZ$.  Full Article

Abano Healthcare Group updates on FY17 guidance
Monday, 8 May 2017 04:30pm EDT 

May 9 (Reuters) - Abano Healthcare Group Ltd ::Sees FY17 gross revenue of NZ$277 million to NZ$281 million and revenue of NZ$231 million to NZ$235 million.Expects FY17 earnings before interest, tax, depreciation and amortisation to be NZ$30.7 million to NZ$31.9 million.FY17 net profit after tax (NPAT) is expected to be NZ$9.7 million to NZ$10.5 million."Current expectation is that final FY17 dividend will be at least equal to FY16 final dividend of 20 cents per share".FY17 underlying EBITDA is expected to be between NZ$31.5 million to NZ$32.7 million.Lumino Dentists in New Zealand is expected to return to normal long term trends of positive same store sales growth.  Full Article

Abano Healthcare says hostile partial takeover attempt by Healthcare Partners has failed
Sunday, 5 Mar 2017 02:31pm EST 

Abano Healthcare Group Ltd :Hostile partial takeover attempt by healthcare partners and its directors, peter and anya hutson and james reeves, has failed.  Full Article

Abano Healthcare advises shareholders to reject varied takeover offer
Thursday, 16 Feb 2017 02:30pm EST 

Abano Healthcare Group Ltd : Abano advises shareholders to reject varied takeover offer . The board is not soliciting bids for Abano .Advised shareholders to reject revised partial takeover offer price from Healthcare Partners Holdings Limited.  Full Article

Abano Healthcare updates on Healthcare Partners' partial takeover offer
Wednesday, 1 Feb 2017 02:30pm EST 

Abano Healthcare Group Ltd : "Continues to recommend that shareholders reject the offer" .Update on the partial takeover offer from Healthcare Partners Holdings Limited.  Full Article

Abano Healthcare Group Limited continues to oppose offer from Healthcare Partners
Thursday, 26 Jan 2017 02:30pm EST 

Abano Healthcare Group Ltd : Abano continues to oppose offer, closing date extended .Board of Abano continues to recommend that shareholders reject partial takeover offer from Healthcare Partners.  Full Article

Abano Healthcare Group says HY net profit after tax up 73 pct
Wednesday, 25 Jan 2017 02:30pm EST 

Abano Healthcare Group Ltd : HY net profit after tax (NPAT) up 73% to NZ$5.9m ; HY revenue NZ$116.8m; interim dividend confirmed at 16 cents per share . Sees growth in same store revenue of 6% over the three year period FY18 to FY20 . Sees growth in underlying ebitda margin to be greater than 14% by FY20 .Sees growth in underlying EPS greater than 15% per annum.  Full Article

Abano Healthcare updates on FY17 guidance
Sunday, 22 Jan 2017 02:32pm EST 

Abano Healthcare Group Ltd : ABA on track with positive acquisition rate and performance . Year to date, Abano is tracking above financial forecasts for FY17 used in Grant Samuel valuation . Is on track to acquire its 200th dental practice by end of January 2017 . Company is expecting to add an additional 31 dental practices in 2017 financial year . To date, in this financial year, Abano has acquired 18 practices, expected to deliver approximately $24 million in additional gross annualised revenues . Abano confirms it expects to deliver full year financial results in line with FY17 financial forecasts . Each dental practice acquisition is earnings accretive .All figures in NZ$.  Full Article

Abano Healthcare board recommends shareholders reject partial offer
Tuesday, 13 Dec 2016 02:42pm EST 

Abano Healthcare Group Ltd : Unanimously recommends that shareholders reject partial takeover offer made by Healthcare Partners Holdings Limited .Abano board recommends shareholders reject partial offer.  Full Article

BRIEF-Abano Healthcare to raise about NZ$35 mln through rights offer

* Intends to raise approximately NZ$35 million through a fully underwritten 1 for 5 pro-rata renounceable rights offer