InHealth steady growth continues

InHealth Group Limited, the healthcare services (primarily diagnostics and screening) company which works predominantly within the NHS but also within the private sector, has continued to show steady growth for the year ended 30 September 2012. Revenue was £98.0m (2011: £96.9m). After cost of sales of £66.2m (2011: £66.1m) and administrative expenses of £24.4m (2011: £23.4m), group operating profit came in at £7.3m, slightly down on the previous year’s £7.5m. But reduced net interest costs of £451,000 (2011: £1.0m) meant an improvement in the profit before tax line to £6.8m (2011: £6.5m). The directors believe that the market opportunities within the diagnostics sector continue to be significant albeit the market is currently fragmenting as services are being reconfigured between primary and secondary care.’