Thu, 31st May 2012 12:40
It was a disappointing first half performance for Surgical Innovations Group, which blamed a significant drop in profit on an impairment charge resulting from its decision to focus on sustainable long-term growth in its SI brand business. The impairment charge related to its balance sheet original e
Read moreAIM-listed Surgical Innovations Group has warned that both its revenue and profit will be "significantly below market expectations" for the full year. It blamed the reduction of income on the continued reductions in original equipment manafacturer (OEM) revenues, slower than anticipated revenues fro
Read moreLONDON (Alliance News) - Surgical Innovations Group PLC said Monday it has raised GBP1.6 million through a share subscription, as Chris Rea, founder and major shareholder of AES Engineering Ltd, took an 8.9% interest in the company. Rea subscribed for 39.46 million new shares at a price of
Read moreLONDON (Alliance News) - Surgical Innovations Group PLC Friday said it has received CE approval for its hernia mesh fixation device which was developed for Advanced Medical Solutions Group PLC. CE approval is required by the European Union for many products sold in the Europe and the UK and
Read moreAIM-listed medical group Surgical Innovations announced it has secured a 3m pound banking facility from Yorkshire Bank's Business and Private Banking Centre in Leeds. The funding will be used to help the group enhance its existing services, as well as support the company in meeting increasing dema
Read moreLONDON (Alliance News) - Surgical Innovations Group PLC said Tuesday it had entered into a new GBP3 million banking facility with Yorkshire Bank PLC in Leeds. It will use the funds to enhance its existing services and meet increasing demand from export markets, it said. "Yorkshire Ban
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