24 January 2020 – trading update

The healthcare group has announced a trading statement for the year to 31 December revealing that revenues were 15% ahead of the prior year with pre-tax profits likely to be in line with market expectations at around £32.5m for earnings per share of 5.1p.  Net debt at the company continues to fall, with it being around £59.2m at 31 December compared with £74.1m last June.  Prospects for the company remain good and the shares remain a LONG TERM BUY.