|
(Alliance News) - Inspiration Healthcare Group PLC on Thursday said it expects to exceed market expectations for its recently ended financial year.
The medical technology company expects revenue for the financial year ended January 31 to come in at GBP41.0 million, up 11% on the year before. Adjusted earnings before interest, tax, depreciation and amortisation is seen not less than GBP6.2 million, again up 11% on the year before.
"Operating profit is similarly ahead of market expectations," the company added.
Chief Executive Neil Campbell said the firm performed "exceptionally strongly in what was a difficult trading environment", citing supply chain issues and inflationary pressures.
"The group is now well integrated, demand for our products remains high around the world and we enter our new financial year with confidence," said Campbell.
Shares in Inspiration Healthcare were up 5.5% at 102.30 pence in London on Thursday morning.
By Lucy Heming; lucyheming@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.
|
