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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Intelligent Ultrasound Group Plc | LSE:MED | London | Ordinary Share | GB00BN791Q39 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 14.50 | 14.00 | 15.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMED
RNS Number : 0022F
Intelligent Ultrasound Group PLC
10 July 2019
Intelligent Ultrasound Group plc
("Intelligent Ultrasound" or the "Group")
Trading update
Intelligent Ultrasound Group plc (AIM: MED), the artificial intelligence (AI) based ultrasound software and simulation company, announces that Group turnover for the six months to 30 June 2019, which is currently generated entirely by the Group's Simulation Division, is expected to grow by 25% to approximately GBP3.1m (H1 2018: GBP2.5m). Cash at bank at 30 June 2019 was GBP3.5m (31 December 2018: GBP5.6m).
The full Half-Year Report is expected to be released in late July.
Stuart Gall, CEO of Intelligent Ultrasound Group plc, commented: "Following on from our Clinical Division's milestone AI contract win which we announced on 4 July 2019, it is particularly pleasing to be able to report continued growth in the first half of the year by our Simulation Division, bringing it closer to breakeven and underpinning our confidence in achieving management's expectations for the full year."
Enquiries:
Intelligent Ultrasound Group www.intelligentultrasound.com plc Stuart Gall, CEO Tel: +44 (0)29 2075 6534 Wilson Jennings, CFO Cenkos Securities - Nominated Advisor Tel: +44 (0)20 7397 8900 and broker Giles Balleny / Cameron MacRitchie (Corporate Finance) Michael Johnson / Julian Morse (Sales) Walbrook PR Tel: +44 (0)20 7933 8780 or intelligentultrasound@walbrookpr.com Anna Dunphy / Paul McManus Mob: +44 (0)7876 741 001 / Mob: +44 (0)7980 541 893
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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(END) Dow Jones Newswires
July 10, 2019 02:00 ET (06:00 GMT)
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