Small caps round-up: Surgical Innovations, Hydro Int'l, European Inv Tst , ...

25th May 2010 08:39

Surgical Innovations, the designer and manufacturer of surgical devices, is trading in line with expectations and said it is extremely confident for the year ahead."We are extremely confident for the year ahead and look forward to providing a further update at the interim results in September," said chairman Doug Liversidge.Hydro International has been awarded a £3.95m contract for its innovative Zickert Sludge Scraper technology.European Investment Trust saw its net asset value per share increase by 4% in the six months to 31 March to 659.54p. The total NAV return per share was 6.2% for the six month period which compared to the total return from the FTSE All World Europe ex UK Index in sterling of 5.3%.IFA Cavanagh has improved after almost quadrupling pre-tax profit to £782,000 in 2009 and growing EBITDA by 26% to £1.57m."Our ability to manage the significant changes in market conditions has improved our trading performance quite significantly and at a time when we have also invested in the development of our future client proposition," says chief executive Andrew Fay.Interior Services Group (ISG) has been reappointed by Lloyds Banking Group as a framework contractor to carry out remodelling of its retail and commercial office portfolio. The initial framework period is for two years.