Inspiration Healthcare delivers £3m of NHS ventilator order

The AIM-traded firm said it was continuing to satisfy the orders received from the NHS on 16 and 20 March, with a value totalling around £5m.

In recent days, the company said it had delivered another £1m of the orders, taking the total amount delivered under the contracts to £3m.

On 11 August, the firm updated the market on its trading, stating that underlying revenues for the group in the first six months were running 30% ahead of last year, with a “healthy” order book in place.

It said on Thursday that the “strong” performance had continued and, in addition, the recently acquired SLE division had, in recent days, also delivered more than £0.5m of ventilators to the NHS as part of a separate order it had received.

The integration of SLE into the group was progressing according to plan, the board said, and was providing the “significant” short and long term commercial synergies anticipated by management.

“We have continued to work tirelessly with our partners to get the ventilators into the UK and delivered to the NHS,” said chief executive officer Neil Campbell.

“At the same time, I'm pleased to report that the company is trading well across all its operations and we are working well with our colleagues at SLE to integrate the two businesses and also at Viomedex, which means that we remain optimistic of our continued progress for this financial year and beyond.”

At 1449 BST, shares in Inspiration Healthcare were up 3.23% at 67.1p.