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Surgical Innovations – “confidence that revenues for the year to 31 December 2023 will meet the board's expectations”, but what about the bottom-line?…
Medical products group Surgical Innovations (SUN) has issued a trading update commencing that “the forward-looking orderbook remains positive, providing confidence that revenues for the year to 31 December 2023 will meet the board's expectations” and also including that measures are being introduced to improve efficiencies and productivity and that reducing inventory in the second half will have a positive impact on cash resources. So what of a share price currently more than 8% lower at 1.65p in response?- By Steve Moore
- 2023-09-06 09:38:36