28th Jun 2005 07:02
Synergy Healthcare PLC28 June 2005 For Immediate Release 28 June 2005 Synergy Healthcare plc ("Synergy" or "the Company") AGM Statement Synergy Healthcare plc (AIM: SYR), a leading provider of outsourced medicalsupport services, will be holding its Annual General Meeting at 10.00 am today. Steven Wilson, Chairman, will update shareholders on current trading and futureprospects, saying: "Trading in the current year has started well and the Company is performing inline with our expectations. As reported at time of our preliminary results,activity levels have remained consistent into the new financial year with allareas of the business in the UK and the Netherlands thriving. Three newcontracts, with annualised revenues of £2.4 million, commenced during the lasttwo months and we are pleased to announce that a fourth substantial contract hasbeen secured which will increase in value until it has annualised sales of over£2.1 million per annum. "Recent press comment continues to highlight the importance of environmentalcontrols in minimizing the risk of hospital acquired infections. As an example,the "Learning from the Best" conference (January 2005) highlighted the need forUK hospitals to provide nurses and healthcare workers with uniforms processed tothe same standard as in the Netherlands and Scandinavian countries. Synergyalready provides this service to clients in the Netherlands. The greater focuson such high risk areas will result in expansion of the UK market. "LTS continues to focus on the development of the surgical market in theNetherlands and in particular decontamination services. Synergy's service modelis being well received and we remain confident that our strategy to develop theDutch market will be successful. "We look forward to reporting progress on a year which the Board believes willbe exciting in the continued development of Synergy as a leading provider ofsupport services to the healthcare market." Enquiries: Synergy Healthcare plc Tel: 01332 387 107 Dr Richard Steeves, Chief Executive 07768 020202 Ivan Jacques, Finance Director 07714 012514 Buchanan Communications Tim Anderson / Isabel Podda Tel: 020 7466 5000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SYR.L