16th Feb 2023 11:18
Inspiration Healthcare Group PLC - Crawley, England-based medical technology company - Expects to report revenue of about GBP41.2 million for the year ended on January 31, up 0.4% from the year before. Says it is in line with market expectations. Inspiration Healthcare says earnings before interest, tax, deprecation and amortisation is also expected to be in line with market view. For financial 2022, revenue was GBP41.1 million.
Chief Executive Officer Neil Campbell says: "I am pleased to report that in recent months we have seen increased order inflow and enjoyed a high level of interest in our products which has enabled us to deliver a strong fourth quarter and gives a platform to achieve further growth during [financial 2024]."
Inspiration Healthcare will publish its annual results on May 3. Back in October, the company had reported revenue of GBP20.5 million for the half-year ended on July 31, down 1.8% from GBP20.9 million the year before. Pretax profit fell to GBP885,000 from GBP2.5 million.
Current stock price: 50.24 pence each, down 1.5% on Thursday morning in London
12-month change: down 48%
By Xindi Wei, Alliance News reporter
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