BRIEF-Paragon Care Announces Changes To Ramsay Healthcare Contract
Reuters
Jan 16
BRIEF-Paragon Care 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
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