Originally Posted by
macduffy
Fair point, bill.
EBO "may hedge a portion of its net currency exposure to manage the risk around both revenue and expenses " - from the offer document re the Symbion acquisition. Of course, hedging can work both ways - enhancing profitability or hedging profits away! Let's hope that they have some good operators on the job.
A lot of their business is in price-regulated areas such as supplying Pharmac, DHB's etc. Anyone know if such price regulation allows price increases to maintain profit margins?