| Business Summary | | Mayne
Nickless
Limited
is
an
Australian
service
company
that
operates
businesses
in
two
core
service
industries,
healthcare
services
and
logistics
services.
Healthcare
services
comprise
Healthcare
of
Australia
(HCoA),
which
encompasses
hospitals,
and
Mayne
Nickless
Diagnostic
Services
(MNDS),
which
includes
pathology,
diagnostic
imaging
and
medical
centers.
Healthcare
operations
are
primarily
conducted
in
Australia,
although
the
Company
operates
three
hospitals
in
Indonesia
and
one
hospital
under
construction
in
Fiji
with
local
joint
venture
partners.
Logistics
services
include
contract
and
cash
logistics
and
time-critical
express.
Contract
and
cash
logistics
operations
are
conducted
primarily
in
Australia,
with
a
small
but
growing
presence
in
Asia.
Time-critical
express
operations
are
conducted
in
three
principal
geographic
areas:
Australia,
Europe
(primarily
in
the
United
Kingdom)
and
North
America
(primarily
in
Canada). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Mayne
Nickless
Limited
operates
in
two
core
service
industries:
health
care
services
and
logistics
services.
For
the
six
months
ended
12/31/00,
revenues
increased
38%
to
A$2.18
billion.
Net
income
rose
from
A$42
million
to
A$118.5
million.
Revenues
reflect
an
increase
in
hospital
admissions,
the
acquisition
of
Australian
Hospital
Care,
and
strong
growth
in
the
logistics
segment.
Earnings
benefited
from
improved
gross
margins
and
lower
provision
for
doubtful
accounts. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Mark Rayner, 61 | Chairman | S. Somogyi | CFO | W. Kirk | COO | Peter Smedley | Managing
Director | B. Catchlove | Exec.
Director, Devel. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|