7th Oct 2005 07:00
Synergy Healthcare PLC07 October 2005 For immediate release 7 October 2005 SYNERGY HEALTHCARE PLC ("Synergy" or "the Company") Trading update Synergy Healthcare plc (AIM: SYR), a leading provider of outsourced medicalsupport services, is pleased to provide an update prior to the release of itsresults for the six months ended 30 September 2005. Trading during the first six months in the UK and in the Netherlands is in linewith the Company's expectations. During the period a substantial new facilityhas been opened in Dunstable, Bedfordshire, to support the growth of thebusiness and this facility has been well received by our customers. Three newlinen management services have been awarded following the opening of Dunstableand the business is on course to fulfil its objectives. Work on public sector, surgical decontamination bids has been expanded with theaddition of new bid projects in waves three and four. In total Synergy isinvolved with five major bid projects that are expected to reach a conclusion atvarious points over the next twelve months or so. Synergy also continues toexpand its private sector work. On the 5 August 2005 Synergy announced that its offer for Shiloh plc wasunconditional. The main business of Shiloh consists of products in infectioncontrol, wound care and continence care, and these businesses form part of a newPatient Support service that will include Synergy's linen management business.Shiloh also has a surgical decontamination facility in Scotland which now formspart of Synergy's surgical business. The integration of Shiloh is progressing and Shiloh should make a positivecontribution to the Group in the current financial year. The business continues to go from strength to strength as it becomes recognisedas a significant service partner to healthcare providers. The team looksforward to reporting its progress when it announces interim results on the 23November 2005. For further information: Synergy Healthcare plcDr Richard Steeves, Chief Executive 01332 387107Ivan Jacques, Finance Director 01332 387140 Brewin Dolphin 0113 2410130Mark Brady Buchanan Communications 020 7466 5000Tim Anderson/Isabel Podda This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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