Induction’s AGM statement is positive, indicating trading is tracking in line with expectations. Contracted revenues have ticked up to £11.2m providing a high level of comfort over the outlook (92% FY22E). Demand for the group’s virtual care platform is reported to be growing, with a strong pipeline of potential new contracts and renewals. We leave forecasts unchanged for now, but these look increasingly well underpinned. The shares have been weak recently on no new news but today’s statement sh ....
04 Nov 2021
Encouraging AGM statement
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Encouraging AGM statement
Induction Healthcare Group Plc (INHC:LON) | 15.5 0 0.0% | Mkt Cap: 14.3m
- Published:
04 Nov 2021 -
Author:
Chris Glasper -
Pages:
3
Induction’s AGM statement is positive, indicating trading is tracking in line with expectations. Contracted revenues have ticked up to £11.2m providing a high level of comfort over the outlook (92% FY22E). Demand for the group’s virtual care platform is reported to be growing, with a strong pipeline of potential new contracts and renewals. We leave forecasts unchanged for now, but these look increasingly well underpinned. The shares have been weak recently on no new news but today’s statement sh ....