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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Synergy Healthcare

January 2006

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:
  • SYR
  • Price:
  • 467p
Synergy Healthcare, the provider of surgical sterilisation and decontamination services and linen management, announced satisfactory interim results for the six months ended 2 October. With the help of a first full contribution from LTS and a two month contribution from the recently acquired Shiloh, turnover rose 75% to £50.4m, with operating profit increasing 55% to £6m, while earnings rose 20% to 10.6p. Net debt increased from £70,000 to £8.7m largely because of Shiloh but gearing remains low at 12.5%. Synergy now breaks its results down in geographical terms rather than by activity and the original UK side performed well, with turnover increasing 49% to £26.4m, including organic growth of 14%. Oper ...

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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.

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

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