24th May 2018 14:56
LONDON (Alliance News) - Healthcare and communications group Huntsworth PLC said on Thursday it traded well in the first four months of 2018.
The Medical and Immersive divisions saw strong growth in the four months to the end of April, however the Marketing division remained flat, due to a very strong first half the year before.
Communications traded in line with expectations, however it is set to see revenue decline as the division exit unprofitable clients.
"The group is focused on delivering superior growth led by its healthcare focused agencies and recent acquisitions continue to complement this. With a strong balance sheet, the Group remains interested in adding further selective complementary businesses within stringent ROIC and earnings enhancing criteria. The board is confident of continued progress through the remainder of 2018," Huntsworth said in a statement.
Shares in Huntsworth were down 0.6% at 97.00 pence on Thursday.
Related Shares:
HNT.L