Half year profits soar for medical products group ConvaTec
ConvaTec Group, the Deeside company which specialises in medical products and technologies across the globe, saw profits double in its half year to June 30.
The group revealed revenues rose from £635m to £703.5m in the six month period, while pre-tax profits of £67.6m compared with £34.7m last year.
Today's results showed it had made good progress on reducing its backorders which are now at a normal level.
The group also confirmed guidance for the full year, with expected organic revenue growth of 2.5%-3%, and an adjusted... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
