Inspiration Healthcare makes strong start to FY

Medical technology company Inspiration Healthcare said on Monday that it has started the financial year "strongly", with trading levels remaining "robust", consistent with management expectations.

Inspiration Healthcare stated it has retained "a strong order book" and expects its full-year performance to be primarily second-half weighted, underpinned by patterns in customer ordering and current trading.

The AIM-listed group added that its recent move to new premises in Croydon had been completed, with the benefits already being "clear to see", with operations becoming "vastly more efficient" and making the company capable of handling "the ever-increasing volume of business and future growth".

Chief executive Neil Campbell said: "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."

As of 1020 BST, Inspiration shares were up 1.52% at 100.0p.

Reporting by Iain Gilbert at Sharecast.com