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Cello Health Reports "Good Growth" In Half-Year Revenue And Profit

19th Jul 2018 11:47

LONDON (Alliance News) - Healthcare-focused advisory firm Cello Health PLC said Thursday it had a "strong" first-half performance with "good growth" in revenue and profit.

The company added that profit margins for the six months to June 30 were "slightly higher" than the same period a year ago.

The core Cello Health division saw half-year "excellent" like-for-like gross profit growth, the company said.

The company's Signal division "got off to a quick start to the year", after winning on projects and securing a good pipeline of future opportunities, the company added.

"The board is confident of achieving a successful result in 2018 in line with current market expectations," Cello said.

Cello Health shares were trading up 0.7% at 127.88 pence.


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