RE: Live buy price back to 169p28 Jun 2018 09:59
Can’t see a reason for 33% drop, maybe 5%!
Stephen Stamp, Chief Executive Officer of Ergomed plc said: "This year, we anticipated exceeding market expectations for revenue, allowing us to more than cover the cost of the additional investment required to deliver our strategic goals for 2020. It is unfortunate that delays and reductions in scope of a limited number of contracts has resulted in us investing ahead of the curve. The business overall is in robust health, as demonstrated by a backlog approaching £100 million, and we are confident 2018 will provide a solid foundation for future growth."