Annual Report

Sonic Healthcare produced a record net profit for the 2022 financial year of A$1.5 billion, on record revenues of A$9.3 billion.
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At a Glance
Sonic Healthcare is one of the world’s leading global providers of medical diagnostic services. The group provides highly specialised pathology/clinical laboratory and radiology services to clinicians (GPs and specialists), hospitals, community health services, and their patients. Sonic is the world’s third-largest provider of pathology/clinical laboratory services (referred to in some markets as 'laboratory medicine') and was the first company to do so on a global basis.
Employing approximately 41,500 people globally, Sonic is the largest private pathology operator in Australia, Germany, Switzerland and the UK, the second-largest in Belgium and New Zealand and the third-largest in the USA. In addition, Sonic is the largest operator of medical centres and the largest occupational health provider in Australia, and the second-largest participant in the Australian radiology market. These strong market positions allow Sonic to leverage existing infrastructure to realise synergies and to grow earnings.