BRIEF-Paragon Care Announces Changes To Ramsay Healthcare Contract

Reuters
Jan 16
BRIEF-<a href="https://laohu8.com/S/PGC.AU">Paragon Care</a> Announces Changes To Ramsay Healthcare Contract

Jan 16 (Reuters) - Paragon Care Ltd PGC.AX:

  • PARAGONCARE ANNOUNCES CHANGES TO RAMSAY HEALTHCARE CONTRACT

  • PARAGONCARE TO EXIT AS PRIMARY WHOLESALE TO RAMSAY HEALTHCARE

  • TRANSITION OUT OF RAMSAY HEALTHCARE CONTRACT FROM 1 FEBRUARY 2026

  • WORKING CAPITAL RELEASED WILL BE A$4.5 MILLION USED TO REPAY DEBT

  • WILL FOCUS ON REMOVING ASSOCIATED SUPPLY CHAIN COSTS, EXPECTED TO NEUTRALISE GROSS MARGIN IMPACT

Further company coverage: PGC.AX

((Reuters.Briefs@thomsonreuters.com;))

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