Inspiration Healthcare has announced its intention to acquire Viomedex1, a specialist medical device manufacturer, for a consideration of £4.0m. A portion of this (£3.0m) will be funded through a share placing. We believe the acquisition will deliver both revenue and cost synergies and be earnings enhancing in the first full year. We see the acquisition as additive to the double-digit organic revenue growth and margin expansion we expect Inspiration Healthcare to deliver and maintain our Buy rec ....
05 Sep 2019
Cenkos: Inspiration Healthcare Group Plc - Acquisition and share placement
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Cenkos: Inspiration Healthcare Group Plc - Acquisition and share placement
Inspiration Healthcare Group PLC (IHC:LON) | 31.0 -0.2 (-1.6%) | Mkt Cap: 21.2m
- Published:
05 Sep 2019 -
Author:
Chris Donnellan -
Pages:
14
Inspiration Healthcare has announced its intention to acquire Viomedex1, a specialist medical device manufacturer, for a consideration of £4.0m. A portion of this (£3.0m) will be funded through a share placing. We believe the acquisition will deliver both revenue and cost synergies and be earnings enhancing in the first full year. We see the acquisition as additive to the double-digit organic revenue growth and margin expansion we expect Inspiration Healthcare to deliver and maintain our Buy rec ....