Synergy Health 'comfortably' on track

Sep 16, 2009

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Business at Synergy Healthcare is 'comfortably' meeting management's expectations, the high-flying healthcare support services group said Wednesday.

'The positive start in Q1 has continued in Q2 with notably strong cash generation and continued improvements in operating margin,' chairman Steve Wilson said in a brief statement ahead of today's AGM.

In July, the company said overall trading had been in line with expectations since March 29, with sales in the first quarter up by 9.7% from the same period the previous year at £72.6m.

UK sales rose 1% to £38.4m, Rest of Europe sales were up 22.2% to £25.2m and Asia and South Africa sales climbed 17.7% to £1.8m.

Interim results are due on the 12 November.

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