Inspiration Healthcare Group PLC (LON:IHC) said has both its revenues and profits will be ahead of forecasts, driven by last year’s acquisition S.L.E Ltd, the designer and manufacturer of ventilators for neonatal intensive care.
The med-tech company said turnover for the year ending January 31, 2021, will be “not less than” £36.5mln, while underlying earnings (EBITDA) will be at least £4.9mln.
In a statement, chief executive Neil Campbell added: "I am delighted to announce this increase in revenues and profits, which has been achieved in a very tough environment and so clearly demonstrates the quality of our products and services as well as the level of commitment that all our teams have dedicated to driving forward the growth of the company this year.
“We remain very well placed for the future with a strong balance sheet and many opportunities for continued growth and we look forward with confidence."