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Advanced Medical Solutions ups payout as profit surges; outlook rosy

ALN

Advanced Medical Solutions Group PLC on Wednesday announced a higher dividend on the back of its ‘strong’ business performance and confidence in its outlook.

The Cheshire, England-based surgical dressings company said pretax profit jumped 49% to £8.5 million in the first half of 2025, from £5.7 million a year prior.

Adjusted earnings before interest, tax, depreciation and amortisation rose 42% to £24.4 million from £17.2 million.

Revenue grew 63% to £110.8 million from £68.0 million.

The company declared an interim dividend of 0.85 pence per share, up 10% from 0.77p a year prior. It cited ‘strong’ business performance and the board’s continued confidence in the outlook.

Advanced Medical expects to deliver 2025 revenue and Ebitda in line with expectations, adding it believes it is well positioned to drive sustained growth, margin expansion and long-term value creation.

Chief Executive Officer Chris Meredith said: ‘Integration of last year’s acquisitions remain on track, with improvements to systems and manufacturing being made to reduce backorders, emerging commercial synergies in geographies, such as France and India, and in specialty areas, such as cardiovascular, set to strengthen H2 2025 and beyond. We are also making solid progress toward upcoming US product launches. We believe these initiatives will significantly enhance our earnings growth potential over the medium to long-term.’

Advanced Medical shares rose 1.9% to 211.00 pence each on Wednesday morning in London.

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