UK's Inspiration Healthcare H1 underlying revenue rises on neonatal ventilation segment
Overview
UK neonatal device maker's H1 revenue fell due to prior year one-off export orders
Underlying H1 revenue rose 26% excluding last year's one-off export orders
Adjusted EBITDA was stable, while operating profit rose on non-recurring credit
Outlook
Company expects FY27 revenue of at least £43 mln
Company expects positive momentum to continue into FY28
Planned launch of proprietary consumables in Q4 FY27 expected to support future growth
Result Drivers
NEONATAL VENTILATION - Co said strong momentum in neonatal ventilation portfolio drove underlying growth
SLE SALES - SLE product sales rose, with notable gains in capital equipment and service revenues
INFUSION THERAPIES RECOVERY - Co said recovery in Infusion Therapies sales contributed to distribution revenue growth
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Adjusted EBITDA | GBP 1.20 mln | ||
H1 Gross Margin | 41.90% | ||
H1 EBIT | GBP 550,000 |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"
Wall Street's median 12-month price target for Inspiration Healthcare Group PLC is GBp34.00, about 83.8% above its October 26 closing price of GBp18.50
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)