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Share Name | Share Symbol | Market | Type |
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Synergy Brands | AMEX:SYR | AMEX | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.00 | - |
RNS Number:1605I Synergy Healthcare PLC 03 March 2003 Synergy Healthcare plc Trading Update Synergy Healthcare plc is pleased to announce that its Healthtex division has been successful in winning two significant new hospital contracts (starting in February and April 2003) with a contract value of #3.2m. In addition, a number of existing contracts within both its Healthtex and Surgical divisions have been either renewed or extended adding long-term revenue to the contracted revenue base. The national strategy for sterile services has not yet been released although it is believed that it will be published for consultation shortly. Significantly, the Department of Health has recently indicated that it is actively seeking to develop the market in sterile services and is encouraging new entrants as well as existing suppliers to participate in procurements. Against this background we remain focused on improving our business, and this has been rewarded with increased operating margins in both the Surgical and Healthtex divisions. The company is also focusing some effort on PFI's where there is a strong demand for Synergy's services and expect to make an announcement in this regard at/or before the release of the Final results. The Directors of Synergy remain pleased with the current performance and outlook for the company, and are confident that the outcome for the year to 31 March 2003 will meet market expectations. Enquiries: Synergy Healthcare plc 01332 387 107 Richard Steeves - Chief Executive Julia Wilson - Finance Director END This information is provided by RNS The company news service from the London Stock Exchange END TSTQVLFLXLBZBBZ
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