14th Jan 2019 09:47
LONDON (Alliance News) - Surgical Innovations Group PLC on Monday said it expects its revenue for 2018 to increase 28% on the previous year due to a "significantly stronger" second half.
For 2018, the manufacturer of technology for minimally invasive surgery, expects revenue of GBP11.0 million up from GBP8.6 million a year ago.
On an underlying basis, revenue growth, adjusted for the effect of the acquisition of Elemental Healthcare Ltd in August 2017, is expected to be around 8%.
Surgical Innovations shares were trading flat at 3.00 pence each.
The company will publish its annual results in mid-March.
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