Inspiration Healthcare Group Plc Revenue For H1 FY20 Improves By 9%

  • Oct 02, 2019 BST
  • Team Kalkine

Inspiration Healthcare Group Plc (IHC) has announced its unaudited interim results for the six months ended 31 July 2019.

The company’s revenue coming in line with the expectation was up by 9 per cent to £8.1 million as compared to £7.4 million in H1 FY19. 17 per cent of the revenue was from products developed in the last two years.

Operating profit, excluding one-off acquisition costs, posted a rise of 12 per cent to £0.6 million as compared to £0.5 million reported in first half of last fiscal.

The international revenue was up 18 per cent during the period.

On 2nd October 2019, at the time of writing, GMT 08:33 AM, IHC shares were trading at GBX 65.0, flat against the previous day closing price.

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