Mar 21: Vindon making plans
VINDON Healthcare, the pharmaceutical services company, is gearing up for growth at home and abroad in the coming months.
The AIM-listed Oldham company said it would be opening a storage facility in Ireland in the summer and was close to signing a deal for a new £3m home in the north west.
The company revealed its plans as it announced its 2006 results, showing strong growth in turnover and profits. Sales rose from £3.1m to £3.8m while operating profits before goodwill increased 23 per cent, from £893,000 to £1.1m.
Vindon, which counts major pharmaceutical companies GlaxoSmithKline, AstraZeneca and Pfizer among its clients, provides products and services such as controlled environment rooms and storage chambers, blood bank storage units and plant growth chambers.
Chairman Liam Ferguson said he was pleased with Vindon's progress.
"We're optimistic about the move into Ireland. Demand is strong for storage facilities," he said.
Chris Barry ©MEN
The AIM-listed Oldham company said it would be opening a storage facility in Ireland in the summer and was close to signing a deal for a new £3m home in the north west.
The company revealed its plans as it announced its 2006 results, showing strong growth in turnover and profits. Sales rose from £3.1m to £3.8m while operating profits before goodwill increased 23 per cent, from £893,000 to £1.1m.
Vindon, which counts major pharmaceutical companies GlaxoSmithKline, AstraZeneca and Pfizer among its clients, provides products and services such as controlled environment rooms and storage chambers, blood bank storage units and plant growth chambers.
Chairman Liam Ferguson said he was pleased with Vindon's progress.
"We're optimistic about the move into Ireland. Demand is strong for storage facilities," he said.
Chris Barry ©MEN
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