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Reed Health

March 2002

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.

  • Epic Code:
  • RHG
 Interim results to 30 December showed turnover up by 18% to £37.9m. Operating profit, before demerger costs, was £2.3m, compared with £2.4m for the comparative period last year.  The reduction inoperating profit before demerger costs was principally due to RHG incurring higher central costs as a consequence of being a separately listed company.   Pretax profit, after demerger costs of£156,000, was £2.2m and earnings per share  3.6p. Net cash at theperiod end stood at £4.4m. There was double digit growth - allorganic - across each of Reed's three divisions - Nurse which is aleading nursing agency supplying  temporary nurses, midwives andpaeditricians to NHS Trusts and hospitals; Social ...

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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.

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