Inspiration Healthcare has provided a trading update for the six months to 31 July 2022. The company notes following a strong start to the year, trading has remained ‘robust' and in-line with expectations. As per the recent AGM statement, FY23E (Jan YE) is expected to be second half weighted, supported by the strong order book. We are confident in our forecasts which remain unchanged and target 12.2% and 14.5% revenue growth in FY23E and FY24E, respectively. We maintain our Buy recommendation.
15 Aug 2022
Cenkos: Inspiration Healthcare Group Plc -- Trading update
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Cenkos: Inspiration Healthcare Group Plc -- Trading update
Inspiration Healthcare Group PLC (IHC:LON) | 29.0 -0.1 (-1.7%) | Mkt Cap: 19.8m
- Published:
15 Aug 2022 -
Author:
Chris Donnellan -
Pages:
6
Inspiration Healthcare has provided a trading update for the six months to 31 July 2022. The company notes following a strong start to the year, trading has remained ‘robust' and in-line with expectations. As per the recent AGM statement, FY23E (Jan YE) is expected to be second half weighted, supported by the strong order book. We are confident in our forecasts which remain unchanged and target 12.2% and 14.5% revenue growth in FY23E and FY24E, respectively. We maintain our Buy recommendation.