Inspiration performs well amid 'difficult' trading environment

Global medical device company Inspiration Health told investors on Friday that it had continued to perform well despite a "difficult" trading environment.

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The AIM-listed outfit expects to report full-year revenues of approximately £15.5m, constrained by regulatory delays and a pre-tax profit approximately £1.2m, in line with its expectations.

Chief executive Neil Campbell said: "We go into the new year with a very strong order book and look forward to building on our international successes of last year.

"We now have a strong management team in place, increasing interest for the new products we launched last year and I believe we are well placed to achieve double-digit revenue growth going forward."

Inspiration expects to post its preliminary results for the year ended 31 January on 30 April.

As of 0910 GMT, Inspiration shares had slid 5.75% to 57.02p.