Updates

Synergy Health - Growth rates lifted by sterilisation business

July 2011

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

An outstanding set of results for the year to 31 March, sending the shares higher. With the orderbook of Â£920m and the company now guiding to double digit revenue growth over the next twelve months and with margins also rising sharply, we suspect it wonâ€™t be long before the shares become a doubler on our most recent main tip at 499p in July '09 whilst we have already four-bagged on our original 173p buy recommendation in August '01. As it was, for the year to 31 March, Synergy grew sales by 4% to Â£287m on a constant currency basis but pretax profit increased 15% to Â£37.6m and eps by 17% to 52.6p. Operating margins rose 110 basis points to an all time record 15.1% and interestingly one broker notes that Syner ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Anite - Better than expected results

InternetQ - Doubles its reach with iPOP acquisition

Synergy Health - Receives 1950p bid; SCSW gain: 306% (November 2014)

Synergy Health (November 2012)

Synergy Health (August 2012)

Synergy Health (December 2011)

Synergy Health (May 2011)

Synergy Health - Q3 sales strong (March 2011)

Synergy Health (December 2010)

Synergy Health - Gain to date (November 2010)

Synergy Health - Aims to open 13 decontamination units in China (July 2010)

Synergy Health - "Top end of expectations" (June 2010)

Synergy Healthcare (April 2010)

Synergy Health - To open further units in China (December 2009)

Synergy Health - Very positive Q1 trading (August 2009)

Synergy Health - Opens Chinese TSSU this month (July 2009)

Synergy Healthcare (June 2009)

Synergy Healthcare (June 2007)

Synergy Healthcare (November 2006)

Synergy Healthcare (December 2005)

Synergy Healthcare - Over 85% of forcast sales in the bag (June 2005)

Synergy Healthcare - Gain since recommendation: 153% (December 2004)

Synergy Healthcare - Strongly eps enhancing acquisition (July 2004)

Synergy Healthcare - 90% of budgeted sales already (June 2004)

Synergy Healthcare - Performing ahead of expectations (April 2004)

Synergy Healthcare (November 2003)

Synergy Heathcare (August 2003)

Synergy Healthcare (January 2003)

Synergy Healthcare - Bullish management (July 2002)

Synergy Healthcare - Brewin Dolphin upgrade forecasts (May 2002)

Synergy Healthcare - Buys Hays Clinical Support for Â£11.2m (April 2002)

Synergy Healthcare - Talks to acquire Hays Clinical Support (February 2002)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X