Updates

Synergy Health - Excellent growth in sales and margins

March 2010

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.

Synergy reported revenues increasing 8% to Â£73.3m in Q3 with the UK experiencing growth of 2.6%, the rest of Europe 16% and the small Asian unit 14.7%. This was in line with expectations. Operating margins were 1.5% up on the same period last year and 0.9% in the year to date. Meanwhile, net debt fell from Â£148m to Â£140m. Synergy's expansion plans remain on track with a new decontamination facility opening in Knowsley in the UK in January and it expects to achieve financial close on another new facility with the University Hospitals of Leicester NHS Trust. The shares responded well and are now 21.5% ahead of our original recommendation price of 200p in July 2003. Continue to hold. ...

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Petropavlovsk

PZ Cussons

Synergy Health - Offer triggers gains of 875% (December 2014)

Synergy Health - US and Asia growing at 16-18% (January 2013)

Synergy Health - Acquisition opens doorgrade to huge US market (August 2012)

Synergy Health - Brewin lifts price target (August 2011)

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Synergy Healthcare - Acquisition of Shilo provides new NHS opportunity (August 2005)

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Synergy Healthcare - In the running for more PFI contracts (May 2004)

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Synergy Healthcare - Preferred bidder for second PFI (December 2003)

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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.

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Synergy Health - Excellent growth in sales and margins

March 2010

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