Surgical Innovations attains CE mark for YelloPort Elite
26th Oct 2016 13:43
(ShareCast News) - Designer and manufacturer of medical technology Surgical Innovations Group announced on Wednesday that its new laparoscopic port access system, YelloPort Elite, has attained CE certification. The AIM-traded firm said YelloPort Elite utilises proprietary 'Resposable' technology to
Read moreDirector dealing: British Polythene CEO bags some cash
22nd Mar 2016 15:49
(ShareCast News) - The chief executive of British Polythene Industries has sold £0.35m-worth of shares in the plastic bag maker. John Langlands and his wife sold 49,532 shares mostly at a price of 710p, reaping £351,719. As a result, Langland, who has been at the company for more than 20 years and
Read moreSurgical Innovations signs distribution deal
19th Aug 2015 13:55
(ShareCast News) - Surgical Innovations Limited, which is a subsidiary of Surgical Innovations Group, has entered into a distribution deal with Asia Cardiovascular Products Ltd. Under the terms of the deal, for which no financial details were disclosed, ACP will be get non-exclusive rights to market
Read moreSurgical Innovations shares up on finance director appointment
5th Aug 2015 13:36
(ShareCast News) - Shares in Surgical Innovations were boosted after the company said it appointed a new finance director. At 1345 BST shares in the AIM listed stock were up by 6.67% to 1.20p. The surgical equipment maker said Melanie Ross joined as finance director and company secretary with immed
Read moreSurgical Innovations warns revenues to come in £0.6m lower than expected
22nd Oct 2014 10:27
Shares in Surgical Innovation tumbled after it warned that following a recent review its full year revenues would be around £0.6m lower than previously anticipated. The instrument maker explained that the review, which was launched in late September, had identified revenues that had previously been
Read moreSurgical Innovations interim results disappoint
25th Sep 2014 08:38
It was a disappointing first half performance for Surgical Innovations Group, which blamed a significant drop in profit on an impairment charge resulting from its decision to focus on sustainable long-term growth in its SI brand business. The impairment charge related to its balance sheet original e
Read moreSurgical Innovations dives after profit warning
19th Sep 2014 08:10
AIM-listed Surgical Innovations Group has warned that both its revenue and profit will be "significantly below market expectations" for the full year. It blamed the reduction of income on the continued reductions in original equipment manafacturer (OEM) revenues, slower than anticipated revenues fro
Read moreSurgical Innovations secures 3m pound banking facility
27th May 2014 09:13
AIM-listed medical group Surgical Innovations announced it has secured a 3m pound banking facility from Yorkshire Bank's Business and Private Banking Centre in Leeds. The funding will be used to help the group enhance its existing services, as well as support the company in meeting increasing dema
Read moreSector movers: Mobile telecoms, healthcare stocks rise as results impress
6th Feb 2014 14:02
The mobile telecoms and healthcare categories were putting in decent performances on Thursday in London after results from sector heavyweights Vodafone and Smith & Nephew impressed. Vodafone gained 2.4% in afternoon trade after revenues declined by a less-than-expected 3.6% in the third quarter to
Read moreSurgical Innovations profits hit by invest plan and exchange rates
17th Jan 2014 11:31
Shares in Surgical Innovations declined sharply after the company warned its profits had been hit by the US dollar exchange rate and its investment during the second half. The company, which develops solutions for minimally invasive surgery, said it therefore expected 2013 earnings before interest
Read moreFriday broker round-up UPDATE
17th Jan 2014 10:05
Aberdeen Asset Management: JP Morgan cuts target price from 544p to 529p, while its overweight rating remains unchanged. Canaccord Genuity reduces target price from 586p to 540p and reiterates a buy recommendation. UBS lowers target price from 540p to 520p and keeps a buy recommendation. Ashtead Gr
Read moreSurgical Innovations adds progress in US to strong UK H1
10th Sep 2013 09:15
Keyhole surgery equipment specialist Surgical Innovations sold more of its own branded products in the first half, leading to a strong rise in profits. The AIM-listed company, which flagged up these results in a pre-close statement, revealed its efforts to push into the US had resulted in an expan
Read moreTuesday broker round-up UPDATE
10th Sep 2013 08:17
African Barrick Gold: Investec shifts target price from 135p to 137p, while downgrading from hold to sell. Aquarius Platinum: JP Morgan moves target price from 39p to 49p, while downgrading from neutral to underweight. Citi lowers target price from 66p to 54p and downgrades from buy to neutral. As
Read moreSurgical Innovations triples profits in first half
16th Aug 2013 08:44
First half profits have more than tripled at keyhole surgery equipment maker Surgical Innovations as many UK hospitals convert to using its products. The AIM company said revenues for the six months to end-June were 28% ahead of the same period last year at £3.88m, with profit before tax for the p
Read morePilot test of Surgical Innovations' hip arthroscopy product positive
10th Jun 2013 08:45
Surgical Innovations Group (SI), the AIM-listed designer and manufacturer of solutions for minimally invasive surgery, has reported that pilot testing for its prototype port access products for hip arthroscopy on a cadaver has concluded successfully. Hip arthroscopy is a surgical procedure which gi
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