Tuesday 21 November 2017

Profits up 16pc at healthcare firm Synergy Health despite weakness in Irish operation

SYNERGY Health Plc, which provides support services to the healthcare industry, reported a 16pc rise in full-year profit as strong revenue growth in Asia and Africa offset weaker growth in its Europe and Middle East, and UK and Ireland operations.

 

The company, which sterilises surgical gowns and surgical instruments and provides laboratory services to hospitals and surgery centres, said it expects good growth prospects in all its regions, particularly in Asia and the United States.

Adjusted profit before tax rose to £50.3m (€58.5m) for the year ended March 31 from £43.4m a year earlier. Revenue grew 15.8pc to £361.2m.

 

Reuters

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