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The Markets
by Proactive
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Small-cap coverage continues on .com
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The Markets
by Proactive
Proactive UK has moved.
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Inspiration Healthcare Group says maiden dividend is due to 'company reaching its maturity'

Inspiration Healthcare Group says maiden dividend is due to 'company reaching its maturity'

Inspiration Healthcare Group PLC's (LON:IHC) Neil Campbell talks to Proactive London's Katie Pilbeam about the thinking behind their maiden interim dividend and their positive first-half performance.

Campbell explains how the global medical device company has played its part in sourcing ventilators in the UK for use on coronavirus (COVID-19) sufferers.

Revenues rose by 77% to £14.2m, up from £8.1m the year before, with '25% organic growth'.

Campbell explains to Pilbeam that the reason for the maiden dividend was seventeen years in the making, now that the company are cash generative, and it is not a 'one off' but due to the level of maturity of the company.

Touching upon the highlights, Campbell notes acquiring SLE which he says has transformed the group.

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