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Lumino Dentists








Radu Goga

“I have already found that the peace of mind which comes with someone else handling the management side of things in a dental business is invaluable.”


Radu Goga, Endodontist
Capital Endodontics, Wellington


highlights and significant events

  • Continued growth in revenue with 38 percent increase year on year
  • Acquisitions improving EBITDA return on invested capital to in excess of 15.9 percent
  • Improvement in core EBITDA
  • Acquired nine practices during the year in line with target of eight to ten practices
  • Acquired a specialist endodontic practice, part of the strategy to expand Lumino’s dental offering into specialist dental treatment
  • Launched new brand design and look – Lumino The Dentists
  • Opened the Lumino Pearl Dental spa, providing premium appearance dentistry services within an atmosphere of relaxed, modern luxury

THE OUTLOOK

  • Growth strategy in place with continued focus on private paying patients
  • Continue to acquire between eight and 10 practices per year
  • Improve utilisation of existing clinics through recruitment of additional dentists supported by increased marketing and database targeting
  • Increased marketing spend as the new national brand is rolled out and all clinics branded Lumino
  • Expand specialist dental treatment offering
  • Migrate return on invested capital towards the target of between 15 and 25 percent at NPAT
  • Focus on recruitment and retention of high quality staff