- Solid and consistent returns
- Continued focus on securing and renewing DHB contracts around New Zealand
The rehabilitation sector is made up of one business, The Orthotic Centre, which is 100% owned by Abano.
Excluding the one month of revenue from the brain injury rehabilitation business, which was sold in June 2012, The Orthotic Centre delivered consistent year on year revenues and EBITDA and contributed 4% of Abano’s gross revenues. Management continued to make good progress in contract renewals and discussions with DHBs and ACC.
This is not a growth business for Abano, however, it does provide steady and consistent cashflows. We expect this to continue in FY15.