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Don't have an account? Click here to register.Surgical Innovations sees 'significantly stronger' second half
Mon, 14th Jan 2019 14:39
(Sharecast News) - Surgery technology designer and manufacturer Surgical Innovations Group updated the market for the year ended 31 December on Monday, reporting that trading was "significantly stronger" in the second half, resulting in group revenue for the full-year of around £11m.The AIM-traded firm said that represented growth of approximately 25% over 2017, with underlying revenue growth - adjusted for the effect of the acquisition of Elemental Healthcare in August 2017 - of around 8%.Gross margin was within the board's target range, and the resulting increase in profit before tax was anticipated to be in line with board expectations and market consensus."The Group continued to be cash generative, with closing net cash balances of approximately £0.36m, compared with net debt at the start of the year of £0.73m," the Surgical Innovations board said in its statement.Surgical Innovations said its audited results for the year ended 31 December would be released in mid-March.
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29 Aug 2018 10:51
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Surgical Innovations to restock CELLIS after new CE mark certification
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Surgical Innovations buys laparoscopic instruments business
(ShareCast News) - Medical technology manufacturer Surgical Innovations Group has bought a laparoscopic instruments business from Surgical Dynamics for about £360,000, including assumed debt of not greater than £50,000. Durham-based Surgical Dynamics has production processes, including metal injecti
Read more26 Oct 2016 13:43
Surgical Innovations attains CE mark for YelloPort Elite
(ShareCast News) - Designer and manufacturer of medical technology Surgical Innovations Group announced on Wednesday that its new laparoscopic port access system, YelloPort Elite, has attained CE certification. The AIM-traded firm said YelloPort Elite utilises proprietary 'Resposable' technology to
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