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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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Ergomed reveal 'great progress on delivering on strategy in first half of 2021'

Ergomed reveal 'great progress on delivering on strategy in first half of 2021'

Ergomed PLC (AIM:ERGO, ETR:2EM, FRA:2EM) (AIM:ERGO, ETR:2EM, FRA:2EM) Richard Barfield joins Proactive London's Katie Pilbeam about their 'great progress on delivering on strategy in first half of 2021'.

Total revenue climbed 39% to £56mln with adjusted underlying earnings (EBITDA) up 33% to £12mln. Cash at the end of June was £24mln with no debt.

Net new sales awards surged 51% and the order book of future contracted revenue jumped 50% to £227mln.

He highlights the continued strong organic growth and the successful integration of value-enhancing acquisitions with an increase in demand.

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