ITL Healthcare: 1H = 52%, 2H = 48%
ITL BioMedical: 1H = 48.6%, 2H = 51.4%
What the above suggests is that the Healthcare business has a stronger weighting to the 1H (this makes logical sense, there is a rush to complete surgeries before the December holidays and in January surgeons are away on vacation making it a slow month). Because Healthcare revenues comprise a larger chunk of total revenue it means that at a group level revenue may be slightly weighted towards 1H, but since BioMedical makes up a much larger portion of earnings the split is likely to be far more even at the profit level. The BioMedical business has typically had a slight leaning towards 2H strength though this is likely due to the growth being experienced by the business
read the full report in detail when you get time because honestly what they talk about in there is gold and this company will explode. I couldn't find this on Hot copper and then bought heaps more after reading it. Considering they just secured south american their SSK could got up 20 % in a year alone from that deal
ITD Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
