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Pin to quick picksInspiration Hlt Share News (IHC)

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Inspiration Healthcare Receives Largest Order For Warming Systems

Thu, 14th Mar 2019 11:23

LONDON (Alliance News) - Medical device firm Inspiration Healthcare Group PLC said on Thursday it has agreed on financial terms for the shipment of around 500 Alphacore5 Patient Warming Systems to The Great Orchestra of Christmas Charity.

The Great Orchestra of Christmas Charity is a Polish non-government and non-profit charity.

The order will be shipped in the next two months to over 200 hospitals for treating newborn babies throughout Poland.

Inspiration said this is the largest single order ever received for patient warming systems by the group.

"We are delighted to have received this sizeable order for the AlphaCore5, which required many months of negotiation through our distributor in Poland. It forms part of the strong order book which I highlighted in the trading update on February 22 and, now that terms have been agreed, we look forward to shipping the systems," said Chief Executive Neil Campbell.

"We have established a strong presence in Poland with our distributor there and I'm confident that this order will also open up other opportunities across European markets and is a great endorsement for the AlphaCore5 Patient Warming System," Campbell added.

Shares in Inspiration Healthcare were up 2.6% at 63.10 pence on Thursday.

More News
1 May 2024 11:47

IN BRIEF: Inspiration Healthcare shares dive as awaits export order

Inspiration Healthcare Group PLC - Crawley, England-based medical technology company specialising in neonatal intensive care medical services - Says that a material export order that was due at the end of January remains outstanding, and is unable to confirm a date, citing "factors outside of its control." Further, Inspiration receives a waiver from its lender regarding covenant tests on its debt facility on Tuesday. "Alternate covenants have been agreed until April 30, 2025 which will need to be met and bank consent received ahead of any further drawdowns of the revolving credit facility," it says. The company is also investigating alternative financing options in the event the order is not received.

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1 May 2024 10:30

Inspiration Healthcare shares hit record low as material export order remains outstanding

(Sharecast News) - Medical technology provider Inspiration Healthcare Group shares hit a record low early on Wednesday as it said a material export order that was due at the end of January remains outstanding.

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(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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31 Jan 2024 11:25

IN BRIEF: Inspiration Healthcare revenue down after shipping delay

Inspiration Healthcare Group PLC - Crawley, England-based medical technology company specialising in neonatal intensive care medical services - Expects to report revenue of GBP37.0 million for the financial year ended January 31, below market expectations and down from GBP41.2 million a year prior. Inspiration says that this reflects a delay to an unspecified "material export order", due to be shipped during the current year but now expected early in financial 2025. As a result, the company says its net debt stands at around GBP6.4 million.

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(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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4 Jan 2024 11:46

Inspiration Healthcare buys US firm Airon for up to USD2.5 million

(Alliance News) - Inspiration Healthcare Group PLC on Thursday said it has launched its US platform through the strategic acquisition of Airon Corp.

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4 Jan 2024 07:37

Inspiration Healthcare buys US firm Airon for $2.5m

(Sharecast News) - AIM-listed medtech group Inspiration Healthcare (IHC) has announced it is buying American respiratory device company Airon Corporation for $2.5m.

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7 Dec 2023 18:01

IN BRIEF: Inspiration Healthcare appoints Roy Davis as chair designate

Inspiration Healthcare Group PLC - Crawley, England-based medical technology company - Appoints Roy Davis as non-executive director & chair designate. Davis will succeed Mark Abrahams, who has been chair since June 2015. Davis will become a non-executive director from January 25 and chair from March 21, when Abrahams will step down.

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2 Nov 2023 20:54

TRADING UPDATES: Inspiration Healthcare launches new ventilator

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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3 Oct 2023 10:51

Inspiration Healthcare swings to loss; maintains interim dividend

(Alliance News) - Inspiration Healthcare Group PLC on Tuesday said it swung to a loss in the first half, but affirmed its confidence in second half growth.

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2 Oct 2023 09:06

Advanced Medical Solutions appoints non-executive director as chair

(Alliance News) - Advanced Medical Solutions Group PLC on Monday said it has appointed Liz Shanahan as chair, effective January 1 following a handover period

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26 Sep 2023 15:51

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BioPharma Credit PLCHalf Year Results
Chapel Down Group PLCHalf Year Results
Everyman Media Group PLCHalf Year Results
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Renalytix PLCFull Year Results
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Carnival PLCQ3 Results
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Distribution Finance Capital Holdings PLCHalf Year Results
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Personal Group Holdings PLCHalf Year Results
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James Halstead PLCFull Year Results
Pennon Group PLCTrading Statement
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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31 Aug 2023 14:27

Inspiration Healthcare interim revenue drops on new product delays

(Alliance News) - Inspiration Healthcare Group PLC on Thursday said its interim revenue was marginally lower amid regulatory approval delays and a decline in its Infusion products revenue.

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27 Jun 2023 15:34

Inspiration Healthcare trading in line with expectations

(Alliance News) - Inspiration Healthcare Group PLC on Tuesday said trading for the start of 2023 has met its expectations, but remains cautiously optimistic.

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