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IN BRIEF: Inspiration Health profits rise, boosted by export growth

ALN

Inspiration Healthcare Group PLC - Crawley, England-based medical technology company - Posts higher profit in its financial year ended January 31. Annual pretax profit climbs to £3.9 million from £3.1 million a year ago. Revenue grows to £41.1 million from £37.0 million. Exports jump by 87%, without the firm providing further figures.

Firm proposes a final dividend of 0.41 pence per share, compared to 0.4p a year ago.

Regarding its current financial year ‘our order book remains high and demand for our products remains strong,’ the company says. The firm sees increased pressures on suppliers and customers due to inflation and the war in Ukraine.

The group might post a revenue that is 15% lower based on main risks to it, Inspiration Healthcare adds.

Current stock price: 106.20 pence, down 5.6% on Wednesday

12-month change: down 16%

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