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Cello Group hails the impact of a “vibrant” US on the company’s performance

Chief executive of Cello Group (LON:CLL) Mark Scott spoke to Proactive’s Charlotte Kan in the wake of an upbeat trading update from healthcare and strategic consumer marketing specialist.
The research and communications operations both performed well, but there was a common theme to update – the United States.
“The overall exposure we have is to the US,” Scott explained.
“Around half of our business is US business and the US generally speaking, and healthcare in particular, is more vibrant than Europe, for sure. US exposure is pretty key to our growth.”
He said the Cello Health arm came together as a single business around two-and-a-half years ago and has benefited from it.
Scott pointed out Cello Signal is following the same path, with similar results: “It is coming together as a single client proposition… We are accessing bigger contract opportunities and winning our fair share of them.”

Quick facts: Cello Health PLC

Price: 161 GBX

Market: AIM
Market Cap: £171.77 m

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