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Prices & Quotes - UK Markets - Induction Healthcare Group (INHC)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
54.00p
Change Today:
0.000p
Market Cap:
49.71m
Sector:
Medical Equipment and Services

Induction Healthcare renews major contract with NHS Wales

By Iain Gilbert

Date: Tuesday 20 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Virtual care provider Induction Healthcare has renewed a major contract with NHS Wales, with an update and expansion of its current scope.
Induction stated NHS Wales had renewed its existing contract with its recently acquired Attend Anywhere subsidiary, the first major contract win for the firm since adding the unit to its roster in June.

The AIM-listed firm highlighted that the contract was worth 1.63m and would result in 1.22m of revenues being recognised in the year ending 31 March 2022, with the balance falling into the following trading year.

Chief executive James Balmain, said: "Our union brings together two teams with a common ethos and complementary products and services.

"We are excited by the impact that Attend Anywhere had working with NHS Wales and look forward to giving staff and patients in Wales increasingly flexible options for delivering and receiving care in the year ahead - even after local restrictions have been lifted."

As of 0910 BST, Induction shares were up 0.15% at 68.60p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

INHC Market Data

Currency UK Pounds
Price 54.00p
Change Today 0.000p
52 Week High 109.00p
52 Week Low 45.00p
Volume 0
Shares Issued 92.05m
Market Cap 49.71m
Beta 0.09

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INHC Dividends

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Trades

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INHC Key Personnel

CEO James Balmain
CFO Guy Mitchell