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Pin to quick picksInspiration Hlt Share News (IHC)

Share Price Information for Inspiration Hlt (IHC)

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Share Price: 17.50
Bid: 17.00
Ask: 18.00
Change: 0.00 (0.00%)
Spread: 1.00 (5.882%)
Open: 17.50
High: 18.00
Low: 17.50
Prev. Close: 17.50
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Inspiration Healthcare trades in line after good start to the year

Thu, 15th Aug 2019 08:21

(Sharecast News) - Medical technology company Inspiration Healthcare said its current trading year had started "well" with results for the six months ending on 31 July expected to be in line with expectations.
Inspiration Healthcare predicts it will achieve double-digit growth over the full year.

At its annual general meeting in June, the AIM-listed group said the significant investment made over the last two years to develop new products, strengthen its operational team and obtain accreditation for new products had put the group in "a strong position" to increase sales of its higher-margin products.

Looking forward, Inspiration expects to continue to increase the level of international sales, as it works with distributors to develop markets and search for opportunities.

As of 0820 BST, Inspiration shares had picked up 1.84% to 64.16p.
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IN BRIEF: Inspiration Healthcare to fundraise after poor results

Inspiration Healthcare Group PLC - Croydon, England-based medical technology company specialising in neonatal intensive care devices - In financial 2024, company swung to GBP6.0 million pretax loss from GBP76,000 pretax profit a year prior. Revenue down 8.7% to GBP37.6 million from GBP41.2 million. Administrative expenses rise 31% to GBP23.1 million from GBP17.7 million. No final dividend declared, down from 0.41p, while total dividend falls 67% to 0.205p from 0.615p. In financial 2025, management expects revenue to be weighted towards the second half.

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1 May 2024 11:47

IN BRIEF: Inspiration Healthcare shares dive as awaits export order

Inspiration Healthcare Group PLC - Crawley, England-based medical technology company specialising in neonatal intensive care medical services - Says that a material export order that was due at the end of January remains outstanding, and is unable to confirm a date, citing "factors outside of its control." Further, Inspiration receives a waiver from its lender regarding covenant tests on its debt facility on Tuesday. "Alternate covenants have been agreed until April 30, 2025 which will need to be met and bank consent received ahead of any further drawdowns of the revolving credit facility," it says. The company is also investigating alternative financing options in the event the order is not received.

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1 May 2024 10:30

Inspiration Healthcare shares hit record low as material export order remains outstanding

(Sharecast News) - Medical technology provider Inspiration Healthcare Group shares hit a record low early on Wednesday as it said a material export order that was due at the end of January remains outstanding.

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31 Jan 2024 11:25

IN BRIEF: Inspiration Healthcare revenue down after shipping delay

Inspiration Healthcare Group PLC - Crawley, England-based medical technology company specialising in neonatal intensive care medical services - Expects to report revenue of GBP37.0 million for the financial year ended January 31, below market expectations and down from GBP41.2 million a year prior. Inspiration says that this reflects a delay to an unspecified "material export order", due to be shipped during the current year but now expected early in financial 2025. As a result, the company says its net debt stands at around GBP6.4 million.

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Inspiration Healthcare buys US firm Airon for up to USD2.5 million

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4 Jan 2024 07:37

Inspiration Healthcare buys US firm Airon for $2.5m

(Sharecast News) - AIM-listed medtech group Inspiration Healthcare (IHC) has announced it is buying American respiratory device company Airon Corporation for $2.5m.

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7 Dec 2023 18:01

IN BRIEF: Inspiration Healthcare appoints Roy Davis as chair designate

Inspiration Healthcare Group PLC - Crawley, England-based medical technology company - Appoints Roy Davis as non-executive director & chair designate. Davis will succeed Mark Abrahams, who has been chair since June 2015. Davis will become a non-executive director from January 25 and chair from March 21, when Abrahams will step down.

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2 Nov 2023 20:54

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