Quarterly Insights: Australian Healthcare Equipment and Services March 2018
PKF Melbourne Corporate Finance are pleased to present the Healthcare Equipment and Services Insights for the March 2018 quarter, including a review of key mergers and acquisitions activity in the industry.
Our quarterly release serves as a preface to the insights and observations that we can provide to drive business value and achieve a successful transaction.
The Healthcare Index
The Health Care index comprises companies involved in the manufacturing and distribution of health care equipment and supplies, providers of health care services and operators of health care facilities. The index provides a broad measure of the performance of the Australian Healthcare industry.
The Health Care index experienced growth of 15.43% over the 12 month period from April 2017 to March 2018 and growth of 6.10% for the March 2018 quarter. The index outperformed the ASX for the March 2018 quarter.
Source: ASX, PKF analysis
Key Deal Activity in Q1 March 2018
PKF Melbourne Corporate Finance have observed the key healthcare transactions which were announced during the March 2018 quarter and summarised in the table below:
Source: Capital IQ, ASX Announcements
¹ 8.26% stake acquisition
² 1.8% stake acquisition