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LiDCO's sales to grow 18%

Tue, 23rd Aug 2011 13:58

Cardiovascular monitoring company LiDCO expects revenue in the six months ended 31 July to be 18% ahead of the first half of 2010.The firm predicts sales to be at least £3.1m, compared to the £2.66m reported the year before, while losses are said to have been "significantly reduced". Pre-tax losses totalled £0.57m in the six months to 31 July 2010."We are pleased to be reporting another period of strong financial progress for the Company. Furthermore, during the period we have signed three distribution and licensing arrangements with Argon Medical Devices Inc, Argon Medical Devices Japan and ICU Medical Inc., providing access to the largest markets globally," said chief executive officer Terry O'Brien."These collaborations both extend our hemodynamic monitoring product range sold by our own direct sales force to customers in the UK and adds to our growing base of marketing partners."Shares rose 3.64% to 14.25p 13.59.BC
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Lidco warns on profit

Cardiovascular monitoring group Lidco disappointed with its trading update on Monday after revealing that annual growth in both revenues and profits is expected to be below its previous expectations. Group revenues in the first half are expected to total £3.7m against £4.2m a year earlier, which t

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CORRECT: UK MIDDAY BRIEFING: Rio Tinto Mulls Options For Mine Stake

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30 Jul 2014 11:17

LiDCO Says Positive Study Using Its Device Accepted For Publication

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11 Jun 2014 12:35

UK MIDDAY BRIEFING: J Sainsbury Sales Down Again, But Stock Gains

LONDON (Alliance News) - J Sainsbury Wednesday reported another drop in like-for-like sales, its second consecutive quarterly decline after nine years of unbroken sales growth.

The UK's third-largest supermarket chain by market share posted a 1.1% decline in like-f

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11 Jun 2014 10:44

UK WINNERS & LOSERS: Supermarkets Up, Airlines Down

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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J Sainsbury, up 2.5%, Tesco, up 0.6%, and WM Morri

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11 Jun 2014 09:13

LiDCO Rises As It Remains Confident On Outlook

LONDON (Alliance News) - Cardiovascular monitoring company LiDCO Group PLC Wednesday said it remains confident of meeting market expectations for its current financial year, which ends on January 31, 2015. In a statement ahead of the company's annual general meeting, Chief Executive Terry O

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11 Jun 2014 07:31

UK MORNING BRIEFING: Sainsbury's Leads FTSE 100 Gainers

LONDON (Alliance News) - Sainsbury's leads FTSE 100 gainers at the open Wednesday despite reporting its second consecutive decline in quarterly sales.

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