Year End announcement - Vindon Healthcare news

Mar 20: Year End announcement

Vindon Healthcare Year ended 31 December
2006 2005 Turnover 3,840 2,601
Pre-except profit 972 626
Pretax profit 849 499
EPS basic 0.70p 0.40p
EPS diluted 0.68p 0.40p
EPS adjusted* 0.84p 0.53p
Dividend n/av n/av
*before goodwill amortisation

LONDON (Dow Jones)--Vindon Healthcare said Tuesday that for the year ended Dec. 31 it made a pretax profit of GBP.85 million compared with GBP0.50 million.

The company said that year to date trading is buoyant with strong demand for in-house storage. Current order books and enquiry levels indicate that steady growth should continue to be achieved in the coming year.

It plans to continue as the UK's leading supplier to the pharmaceutical industry of controlled environment products. This sector is expected to grow steadily as Eastern Europe and the Far East markets develop.

In addition, the U.S. and Western European markets continue to expand as the age profile of their populations increase. There is clearly potential to export its products and services to these markets.

The company is currently expanding our product portfolio available to its Irish clients to encompass a dedicated in-house drug storage facility.

Recent regulatory changes which require pharmaceutical companies to widen the scope of stability storage trials into raw materials and "in - production" drugs should provide it with a great opportunity to expand both its storage and equipment supply service.

It remains confident of the long term future expansion of the group.

©2007 Dow Jones & Company, Inc.
Posted by David Cummins in Vindon Healthcare Comments: (0) Trackback: (1)

Trackbacks
Trackback specific URI for this entry

Welcome to Vindon Healthcare
Welcome to the Vindon Healthcare website. Here you can gain an insight into our corporate structure and trace our commitment to delivering the best possible results from shopfloor to boardroom. Chairman's Statement On behalf of the Board of Vindon
Weblog: Vindon Healthcare
Tracked: Mar 20, 11:40

Comments
Display comments as (Linear | Threaded)

No comments


Add Comment

Enclosing asterisks marks text as bold (*word*), underscore are made via _word_.
Standard emoticons like :-) and ;-) are converted to images.
E-Mail addresses will not be displayed and will only be used for E-Mail notifications

To prevent automated Bots from commentspamming, please enter the string you see in the image below in the appropriate input box. Your comment will only be submitted if the strings match. Please ensure that your browser supports and accepts cookies, or your comment cannot be verified correctly.
CAPTCHA
 
Submitted comments will be subject to moderation before being displayed.