The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInduction Heal. Share News (INHC)

Share Price Information for Induction Heal. (INHC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 12.50
Bid: 11.00
Ask: 14.00
Change: 0.00 (0.00%)
Spread: 3.00 (27.273%)
Open: 12.50
High: 12.50
Low: 12.50
Prev. Close: 12.50
INHC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: NHS Uses Induction Healthcare's Mobile App

Thu, 16th Apr 2020 14:57

(Alliance News) - The following is a round-up of updates by London-listed companies on the impact of the Covid-19 pandemic, issued on Thursday and late Wednesday and not separately reported by Alliance News:

----------

Induction Healthcare Group PLC - healthcare technology - Says majority of doctors in UK National Health Service using Induction healthcare information mobile application. Says demand for company's tools have increased as a result of Covid-19 outbreak.

----------

N4 Pharma PLC - pharmaceuticals - Receives Covid-19 plasmid DNA from National Institute for Health in US. Researching whether Nuvec medication can produce Covid-19 antibodies.

----------

Target Healthcare REIT PLC - healthcare property investor - Received rent collection for March quarter in line with usual collection patterns. Says confirmed Covid-19 cases affecting fewer than 5% of beds in its portfolio.

----------

Two Shields Investments PLC - investor - Portfolio company BrandShield warns of increase in phishing scams during the pandemic. Warns that illicit scams target users of streaming services, 639 new domain names with the word Netflix were registered since beginning of 2020.

----------

Morses Club PLC - lender - Launches remote lending product. Says 33% of collections transferred from face-to-face to remote over past three weeks.

----------

Charles Stanley Group PLC - wealth manager - Funds under management down 20% to GBP20.2 billion in three months to March from GBP25.3 billion in December amid market volatility.

----------

Management Consulting Group PLC - consultants - Says 2020 started promisingly but trading began to suffer in Asia in February due to pandemic. Disruption spread to other regions in March. Targeting, unconnected to Covid-19, GBP4 million in annual cost savings.

----------

Dillistone Group PLC - recruitment software - Had "strong" start to 2020 prior to Covid-19 impact. Says demand suffered due to pandemic. Says no full-year guidance and delays annual results, initially penned to be reported on April 27.

----------

Gaming Realms PLC - mobile games - Delays full-year results that were initially planned for this week. Audit yet to be completed due to Covid-19 disruption.

----------

Sportech PLC - gambling software - Delays annual general meeting due to Covid-19. AGM to be held before end of June, but not on May 20 as initially planned. Chair and chief executive officer take 50% pay cuts, salary freeze implemented, and "significant" number of staff furloughed.

----------

Escape Hunt PLC - escape room experiences - Has furloughed 124 staff and expects VAT and other tax deferrals. Says some landlords have allowed for rent payments to be deferred and senior staff have taken 25% pay cut. Company's monthly cash costs slashed by 70%.

----------

Revolution Bars Group PLC - bar operator - Increases Natwest revolving credit facility to GBP30.0 million until August 31.

----------

Hornby PLC - toys and hobby products - Benefiting from government support schemes in markets where it operates. Says full-year revenue and gross margin ahead of year prior but no financial guidance of Covid-19 impact due to uncertainty.

----------

Walker Greenbank PLC - interior furnishings - Closed factories in UK as well as showrooms elsewhere in New York and Paris. Accessing government support schemes "wherever possible". Vast majority of employees furloughed and management team take 20% salary reduction.

----------

Haydale Graphene Industries PLC - advanced materials - Still assessing full impact of virus but notes falling demand for silicon carbide blanks. Taking advantage of US and UK government support schemes.

----------

Woodbois Ltd - forestry and timber - Says first quarter revenue up 10% year-on-year amid no Covid-19 demand hit until end of quarter. Factories in Gabon closed due to lockdown.

----------

DX Group PLC - freight and delivery - Says delivery activity down by 33% immediately after UK government lockdown. Furloughs some employees and has cut spending.

----------

Volex PLC - power products - Sales for the year ended April 5 up 5.4% to USD392 million from USD372 million. Expects future trading to be hit by government containment measures due to Covid-19.

----------

Proton Motor Power Systems PLC - fuel cell technology - No case of Covid-19 at factories. Protective measures in place at Puchheim, Munich unit.

----------

Amedeo Air Four Plus Ltd - aircraft leasing - Customer Emirates seeking financial accommodation. Amedeo asks asset manager to continue talks with the airline and its lending banks.

----------

TP Group PLC - engineering services - To build gas production equipment in response to Covid-19. Says equipment will be able to produce medical gases.

----------

Kodal Minerals PLC - exploration and development - Granted renewal of exploration permits at Dabakala and Korhogo gold projects in Cote d'Ivoire. Notes planned activity at joint-venture projects with Resolute Mining Ltd postponed due to virus.

----------

SolGold PLC - gold and copper miner - Receives expressions of interest for potential concentrate offtake at Alapala project, Ecuador. Says 10 received and more expected when Covid-19 restrcitions lifted.

----------

Hummingbird Resources PLC - gold miner - No material production hit from Covid-19 but risk mitigation measures in place. First quarter production down 11% quarter-on-quarter to 30,282 ounces of gold poured.

----------

Capital Drilling Ltd - mining services - Says mining operations continue uninterrupted despite Covid-19 uncertainty. Supply chain movement mainly land and sea based so largely unaffected by travel curbs. First-quarter revenue rises 20% to USD32.5 million.

----------

Base Resources Ltd - mineral explorers - Says operations at Kwale, Kenya continued uninterrupted so full-year guidance maintained. In quarter-ended March, ilmenite production up 20% year-on-year, rutile up 17% and zircon rises 32%.

----------

Reabold Resources PLC - oil project investor - Drilling at IMIC-2 well in 50%-owned Danube project, Romania delayed due to Covid-19 border closures. Reports commencement of activity at West Newton B site onshore UK.

----------

Tlou Energy Ltd - gas and solar projects - Says cost reductions in place to counter Covid-19 impact. Notes state of national emergency declared in Botswana.

----------

Great Western Mining Corp PLC - explorer - Application for surface disturbance works at Nevada acreage accepted in "timely manner" despite Covid-19 outbreak.

----------

Anglo Asian Mining PLC - gold, silver and copper producer - Reports 10% first quarter fall in gold equivalent production to 18,219 ounces. Says first quarter in line with guidance despite Covid-19 outbreak.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
21 Nov 2022 16:04

UK earnings, trading statements calendar - next 7 days

Tuesday 22 November 
Accsys Technologies PLCHalf Year Results
AO World PLCHalf Year Results
Appreciate Group PLCHalf Year Results
Assura PLCHalf Year Results
Avon Protection PLCFull Year Results
Babcock International Group PLCHalf Year Results
Caledonia Investments PLCHalf Year Results
Calnex Solutions PLCHalf Year Results
CentralNic Group PLCQ3 Results
CML Microsystems PLCHalf Year Results
Cranswick PLCHalf Year Results
CRH PLCTrading Statement
Euromoney Institutional Investor PLCFull Year Results
Helical PLCHalf Year Results
Homeserve PLCHalf Year Results
Intercede Group PLCHalf Year Results
Knights Group Holdings PLCTrading Statement
Petershill Partners PLCTrading Statement
Princess Private Equity Holding LtdQ3 Results
Restore PLCTrading Statement
Severfield PLCHalf Year Results
Severn Trent PLCHalf Year Results
Softcat PLCTrading Statement
Tatton Asset Management PLCHalf Year Results
Telecom Plus PLCHalf Year Results
Trifast PLCHalf Year Results
Wednesday 23 November 
AB Dynamics PLCFull Year Results
Alpha Financial Markets Consulting PLCHalf Year Results
Britvic PLCQ3 Results
Coats Group PLCTrading Statement
De La Rue PLCHalf Year Results
discoverIE Group PLCHalf Year Results
DP Eurasia NVTrading Statement
Halfords Group PLCHalf Year Results
HICL Infrastructure PLCHalf Year Results
Johnson Matthey PLCHalf Year Results
LondonMetric Property PLCHalf Year Results
Marlowe PLCHalf Year Results
Pets At Home Group PLCHalf Year Results
Rotork PLCTrading Statement
Ten Lifestyle Group PLCFull Year Results
United Utilities Group PLCHalf Year Results
Thursday 24 November 
Augmentum Fintech PLCHalf Year Results
Donegal Investment Group PLCFull Year Results
Dr Martens PLCHalf Year Results
Hill & Smith Holdings PLCTrading Statement
Intertek Group PLCTrading Statement
Jet2 PLCHalf Year Results
Kingfisher PLCQ3 Results
LXi REIT PLCHalf Year Results
Motorpoint Group PLCHalf Year Results
Mountview Estates PLCHalf Year Results
NewRiver REIT PLCHalf Year Results
Omega Diagnostics Group PLCHalf Year Results
Palace Capital PLCHalf Year Results
PayPoint PLCHalf Year Results
Polar Capital Holdings PLCHalf Year Results
Safestore Holdings PLCTrading Statement
Videndum PLCTrading Statement
XPS Pensions Group PLCHalf Year Results
Friday 25 November 
Breedon Group PLCTrading Statement
Caffyns PLCHalf Year Results
Devro PLCTrading Statement
Mothercare PLCHalf Year Results
Monday 28 November 
Brickability Group PLCHalf Year Results
Home REIT PLCHalf Year Results
Induction Healthcare Group PLCFull Year Results
JLEN Environmental Assets Group LtdHalf Year Results
Kinovo PLCHalf Year Results
Serinus Energy PLCQ3 Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
24 Oct 2022 13:47

IN BRIEF: Induction Healthcare delays results but affirms guidance

Induction Healthcare Group PLC - London-based hospital administration software provider - Says results for financial year to March 31 will now be released on or before November 28. The results were initially due on September 30, before being pushed back to October. The continuing delay is "a result of staff shortages at the company's auditor and following the unexpected bereavement of a family member of one of the company's board," it explains.

Read more
11 Jul 2022 15:00

Induction Healthcare signs reseller agreement with System C

(Sharecast News) - Digital health platform provider Induction Healthcare has signed a non-exclusive software reseller agreement with System C Healthcare - a supplier of health and social care information technology systems and services - for the 'Induction Zesty' product in the UK.

Read more
11 Jul 2022 11:08

IN BRIEF: Induction Healthcare shares surge on distribution agreement

Induction Healthcare Group PLC - London-based hospital administration software provider - Signs non-exclusive distribution agreement with Kent-based health & social care software company System C Healthcare Ltd.

Read more
7 Jun 2022 14:01

IN BRIEF: Induction Healthcare hires former Tristel chair as new chair

Induction Healthcare Group PLC - London-based hospital administration software provider - Hires Christopher Samler to be non-executive chair, starting immediately and replacing Chris Spencer, who is leaving after a three-year term. Samler co-founded Iceni Capital LLP, a private equity and venture capital firm for the UK services sector. More recently, he has chaired a number of healthcare and technology companies, including AIM-listed Tristel PLC, a manufacturer of disinfectant products.

Read more
21 Apr 2022 22:06

TRADING UPDATES: Warehouse REIT buys Bradwell Abbey; Ixico wins deal

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

Read more
12 Apr 2022 21:56

IN BRIEF: Induction Healthcare non-exec buys over GBP90,000 in shares

Induction Healthcare Group PLC - health-focused technology firm - Non-executive Director Andy Williams purchases 179,484 for 51.5 pence each on Tuesday, for a total of GBP92,434. After the transaction, Williams' total holding is 889,968 shares, or 1.0% of the company, of which the new shares make up 20%.

Read more
11 Apr 2022 11:51

Induction Healthcare jumps on extended and renewed contracts with NHS

(Alliance News) - Induction Healthcare Group PLC shares jumped on Monday after the firm said that nearly all of its existing Induction Attend Anywhere contracts with the NHS have been extended or renewed.

Read more
11 Apr 2022 10:25

Induction Healthcare shares rally following NHS England contract renewals

(Sharecast News) - Digital health platform operator Induction Healthcare has secured contract renewals with NHS England that will bring in £6.6m in annual recurring revenues.

Read more
4 Apr 2022 21:53

TRADING UPDATES: Conroy wins licences; Likewise first quarter strong

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

Read more
4 Apr 2022 11:59

Induction Healthcare deploying platform in south west London

(Sharecast News) - Virtual care technology provider Induction Healthcare announced on Monday that the South West London (SWL) integrated care system will deploy its 'Zesty' product for their outpatient programme.

Read more
21 Mar 2022 14:38

TRADING UPDATES: Further progress at Blencowe and Rockfire mines

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

Read more
21 Mar 2022 12:41

Induction Healthcare renews Scottish contracts worth £2m

(Sharecast News) - Virtual care technology company Induction Healthcare announced on Monday that NHS Scotland and the Scottish Government contracts for remote consultation using its 'Attend Anywhere' (AA) platform had been renewed for a further year.

Read more
6 Dec 2021 21:32

TRADING UPDATES: Katoro's Blyvoor IPO on hold; Spectra bags new orders

TRADING UPDATES: Katoro's Blyvoor IPO on hold; Spectra bags new orders

Read more
2 Dec 2021 19:23

TRADING UPDATES: Oxford Metrics rebounds; Fulcrum reaffirms guidance

TRADING UPDATES: Oxford Metrics rebounds; Fulcrum reaffirms guidance

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.