Pacific Smiles' Year-to-Date Patient Fees Up 9%; CFO Departure Takes Effect

MT Newswires Live

Jan 24, 2025

Pacific Smiles Group (ASX:PSQ) said year-to-date patient fees rose over 9% year on year to AU$178 million, according to a Friday filing with the Australian bourse.

On an equivalent like-for-like trading days basis, patient fees were up 8.4% as at Jan. 22.

The company also reaffirmed its guidance for fiscal 2025 of AU$310 million to AU$318 million in patient fees, representing an increase of 6.2% to 9%, as well as underlying earnings before interest, taxes, depreciation, and amortization of AU$31.2 million to AU$34.2 million, up nearly 11% to over 21%.

In the same filing, the dental center operator said Chief Financial Officer Matthew Cordingley's previously announced departure has been moved earlier to Friday.

Martin White will take over in an interim capacity starting Jan. 27.

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