Tag: EBITDA
Great Elm grows PAP supply business
February 12, 2020HME News Staff
WALTHAM, Mass. - Great Elm Capital Group's DME operating companies generated adjusted EBITDA of $3.5 million for the three months ended Dec. 31, 2019. Management expects continued growth in fiscal year 2020, supported by key performance indicators, including about 8.8% quarter-over-quarter growth in PAP supply orders. The company continues to pursue M&A opportunities with complementary product profiles to increase market penetration and extend existing geographic markets. It says it has identified...
Invacare sticks to target
September 13, 2019HME News Staff
ELYRIA, Ohio - Invacare reaffirmed its long-term target of $85 million to $105 million adjusted EBITDA run-rate by the fourth quarter of 2020 at the Baird Global Healthcare Conference in New York on Sept. 4.Invacare's Matt Monaghan said the company expects to achieve the goal through a combination of net sales growth driven by new product introductions, supply chain actions to expand gross margin and cost-optimization initiatives to meaningfully reduce SG&A expense.“After four years of foundation...