Surgical Innovations has provided some useful context to the current trading environment. Whilst revenues are significantly down in Q2 so far, they are perhaps not down to the levels initially expected and there are some encouraging if tentative signs of life as hospitals prepare to recommence elective surgeries. The group’s cash position has increased to £1.65m (from £1.28m at the Y/E) and, with an undrawn £0.5m RCF and a new £1.5m CBILS facility, the group has £3.65m of available liquidity. Th ....
28 May 2020
Update & extension to banking facilities
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Update & extension to banking facilities
Surgical Innovations Group plc (SUN:LON) | 0.5 0 (-9.1%) | Mkt Cap: 4.66m
- Published:
28 May 2020 -
Author:
Chris Glasper -
Pages:
3
Surgical Innovations has provided some useful context to the current trading environment. Whilst revenues are significantly down in Q2 so far, they are perhaps not down to the levels initially expected and there are some encouraging if tentative signs of life as hospitals prepare to recommence elective surgeries. The group’s cash position has increased to £1.65m (from £1.28m at the Y/E) and, with an undrawn £0.5m RCF and a new £1.5m CBILS facility, the group has £3.65m of available liquidity. Th ....