Sonic Healthcare: Better than Swiss chocolate
![](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBZ3dDIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--72a5fdcb8549c0252d373a251befaa725e13a1bb/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lKYW5CbFp3WTZCa1ZVT2hOeVpYTnBlbVZmZEc5ZlptbHNiRnNIYVFISWFRSEkiLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--a788536266c8d052a67a95e113f2ebbff3ad0a97/34555966e256f39eefafa6eb2f711a721425616712.png)
Morgans
Sonic (SHL, Add, Price Target $24.13 ) has significantly strengthened its Swiss footprint and EU position with the purchase of Switzerland-based Medisupport. We view regulatory approval as likely and the deal as favourable, given both near-term EPS and ROIC accretion along with margin expansion via synergy gains and scale efficiencies. Report Attached visit the Morgans blog for regular Healthcare updates: (VIEW LINK)
![Scott Power](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBZ3dDIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--72a5fdcb8549c0252d373a251befaa725e13a1bb/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lKYW5CbFp3WTZCa1ZVT2hOeVpYTnBlbVZmZEc5ZlptbHNiRnNIYVFISWFRSEkiLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--a788536266c8d052a67a95e113f2ebbff3ad0a97/34555966e256f39eefafa6eb2f711a721425616712.png)
Senior Analyst at Morgans covering healthcare, life science, telecommunications, technology and media. I've spent the last twenty years investing in and researching emerging companies and have developed a wide network of contacts across these...
Expertise
No areas of expertise
![Scott Power](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBZ3dDIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--72a5fdcb8549c0252d373a251befaa725e13a1bb/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lKYW5CbFp3WTZCa1ZVT2hOeVpYTnBlbVZmZEc5ZlptbHNiRnNIYVFISWFRSEkiLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--a788536266c8d052a67a95e113f2ebbff3ad0a97/34555966e256f39eefafa6eb2f711a721425616712.png)
Senior Analyst at Morgans covering healthcare, life science, telecommunications, technology and media. I've spent the last twenty years investing in and researching emerging companies and have developed a wide network of contacts across these...
Expertise
No areas of expertise