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The Markets
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Medical technology & services

Inspiration Healthcare says first-half performance in line with expectations

During the half-year period, the group completed its move to new premises in Croydon

Inspiration Healthcare Group PLC (AIM:IHC) said after a strong start to the year, trading levels remained robust in the six months to 31 July 2022, consistent with management’s expectations.

In a trading update, the medical technology company said it retained a strong order book and that its “expectation of second-half weighting” continues, which is underpinned by “patterns in customer ordering and current trading”.

During the half-year period, the group completed its move to a premises in Croydon, with the “benefits clear to see”.

According to Inspiration, that includes an improved working environment, better environmental efficiency and improved logistics, among other things, making the group more efficient and better equipped to handle increasing volumes.

"We are continuing to see healthy sales levels across the entire group and remain confident in achieving our targets for the year as a whole,” said chief executive Neil Campbell.

Interim results are expected to be announced in early October.

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