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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Synergy Healthcare

July 2008

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:
  • 782p
Synergy Healthcare continued its enviable long-term record for delivering high double-digit growth, with pretax profit and turnover both increasing 47% to £24.9m and £225m respectively in the year to 30 March.  Excluding acquisitions turnover growth was 17%, while underlying eps rose 21% to 35.5p. In Patient Care (linen cleaning) turnover increased 30% to £140m, helped by a first contribution from Vernon Carus, a supplier of infection control and decontamination services. The UK business had been disrupted by a fire, which put its Dunstable facility out of action last February. However, this reopened in December and growth is picking up again helped by improved finances within the NHS. In Holland the business was expanded ...

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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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