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Spread: 1.00 (4.545%)
Market Cap: £20.17m
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Trading Update

15 Aug 2022 07:00

RNS Number : 9052V
Inspiration Healthcare Group PLC
15 August 2022
 

Inspiration Healthcare Group plc

("Inspiration Healthcare", the "Company" or the "Group")

 

Trading Update

 

Inspiration Healthcare Group plc (AIM:IHC), the global medical technology company, is pleased to give a trading update for the six months ended 31 July 2022.

As was outlined in the Company's Annual General Meeting statement, published on 30 June 2022, the Group started the financial year strongly and the Company is pleased to report that trading levels have remained robust, consistent with management expectations.

The Company retains a strong order book and the expectation of second half weighting, as was indicated in our Annual General Meeting statement, continues, underpinned by patterns in customer ordering and current trading.

The move to new premises in Croydon has been completed and the benefits are clear to see, with a much-improved working environment for the enlarged group, better environmental efficiency, enhanced design and manufacturing facilities and improved logistic, storage and despatch operations. This makes the Group vastly more efficient and, therefore, capable of handling the ever-increasing volume of business and future growth.

Neil Campbell, Chief Executive Officer, commented, "We are continuing to see healthy sales levels across the entire Group and remain confident in achieving our targets for the year as a whole".

The Group will announce its Interim Results for the six months ended 31 July 2022 in early October 2022.

 

Enquiries:

 

Inspiration Healthcare Group plc

Neil Campbell, Chief Executive Officer

Jon Ballard, Chief Financial Officer

Tel: 0330 175 0000

Nominated Adviser & Broker

Cenkos Securities plc

Mark Connelly

Stephen Keys

Katy Birkin

Tel: 0207 397 8900

 

Cadogan PR

Alex Walters

alex.walters@cadoganpr.com

Tel: 07771 713608

 

About Inspiration Healthcare Group

 

www.inspirationhealthcaregroup.plc.uk

 

Inspiration Healthcare (AIM: IHC) is a global provider of medical technology for use in critical care & operating theatres. The Company provides high-quality, innovative products to patients around the world which help to improve patient outcomes, and it actively invests in innovative product opportunities and disruptive technologies.

 

The Group currently consists of three companies: Inspiration Healthcare Ltd, SLE Ltd and Viomedex Ltd and under these brands the Group sells neonatal intensive care and operating theatre equipment around the work through a network of distributors into over 75 countries. Products range from highly sophisticated capital equipment through to single use disposables all that can help improve outcomes of extremely sick patients.

 

In the UK and Ireland the Group offers direct sales for most of its products supported by Technical Service offering on site and return to base repair and maintenance along with 24/7 emergency hire of equipment and long term lease arrangements for its own brand products. The Group also acts as a distributor for 3rd party companies that wish to access the NHS using the Group's sales and service expertise and knowledge of the NHS

 

The Group invests in growth through Research and Development holding numerous patents on its technology and has strong links with academic Key Opinion Leaders around the world and supports clinical research in the field of neonatal intensive care.

 

Further information on Inspiration Healthcare Group plc can be seen at www.inspirationhealthcaregroup.plc.uk 

 

 

 

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Date   Source Headline
31st Jul 20247:00 amRNSFinal Results - REPLACEMENT
25th Jul 20247:00 amRNS$4.3 million contract
23rd Jul 20241:56 pmRNSHolding(s) in Company
23rd Jul 20249:38 amRNSDirector/PDMR Shareholding
22nd Jul 202412:44 pmRNSResult of General Meeting and Total Voting Rights
4th Jul 20247:00 amRNSGrant of Options
28th Jun 202411:35 amRNSPosting of Circular and Notice of General Meeting
28th Jun 20247:00 amRNSResult of WRAP Retail Offer
27th Jun 202410:20 amRNSHolding(s) in Company
26th Jun 20243:14 pmRNSResult of placing and subscription & PDMR dealings
26th Jun 20247:02 amRNSWRAP Retail Offer for up to £500,000
26th Jun 20247:01 amRNSProposed Placing and Subscription of £2.5m
26th Jun 20247:00 amRNSFinal Results
13th Jun 20249:34 amRNSHolding(s) in Company
28th May 20247:00 amRNSDirectorate Change
20th May 20248:52 amRNSHolding(s) in Company
15th May 202411:59 amRNSHolding(s) in Company
1st May 20247:00 amRNSTrading update
9th Apr 20247:00 amRNSGrant of Options under Sharesave Scheme
1st Feb 202411:33 amRNSGrant of Covenant Waiver
31st Jan 20247:00 amRNSTrading update
18th Jan 20247:00 amRNSMDSAP certification
15th Jan 20243:04 pmRNSDirector/PDMR Shareholding
4th Jan 20247:00 amRNSStrategic acquisition of Airon Corporation
7th Dec 20237:00 amRNSDirectorate Change
2nd Nov 20237:00 amRNSLaunch of SLE1500 Non-Invasive Ventilator
31st Oct 202310:18 amRNSHolding(s) in Company
17th Oct 20237:00 amRNSDirector/PDMR Shareholding
16th Oct 20237:00 amRNSDirector/PDMR Shareholding
16th Oct 20237:00 amRNSDirector/PDMR Shareholding
16th Oct 20237:00 amRNSDirector/PDMR Shareholding
16th Oct 20237:00 amRNSDirector/PDMR Shareholding
12th Oct 20237:00 amRNSShareSoc investor presentation
3rd Oct 20237:00 amRNSHalf-year Report
22nd Sep 20237:00 amRNSInvestor results presentation
31st Aug 20237:00 amRNSTrading update
12th Jul 202310:45 amRNSHolding(s) in Company
10th Jul 20237:00 amRNSChange of Registered Office
27th Jun 202312:20 pmRNSResult of AGM
27th Jun 20237:00 amRNSAGM Statement
22nd Jun 20237:00 amRNSAppointment of Non-Executive Director
13th Jun 20232:00 pmRNSInvestor presentation
12th Jun 20237:00 amRNSCFO appointment
9th Jun 20237:00 amRNSGrant of Options
5th Jun 20235:13 pmRNSHolding(s) in Company
5th Jun 20237:00 amRNSHolding(s) in Company
2nd Jun 20237:00 amRNSNotice of AGM and posting of Annual Report
1st Jun 20233:27 pmRNSAIM Rule 17 Schedule Two (g) Update
1st Jun 20238:55 amRNSHolding(s) in Company
24th May 20237:00 amRNSAppointment of Nominated Adviser and Broker

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