Inspiration Healthcare Group PLC Winning of Queen's Award for Enterprise
23 April 2019 - 4:01PM
RNS Non-Regulatory
TIDMIHC
Inspiration Healthcare Group PLC
23 April 2019
Inspiration Healthcare Group plc
("Inspiration Healthcare", the "Company" or the "Group")
Wins Queen's Award for Enterprise
Inspiration Healthcare Group plc (AIM: IHC), the global medical
device company, is delighted to announce that Inspiration
Healthcare Ltd, a wholly owned subsidiary of the Company, has won
the Queen's Award for Enterprise in recognition of the Company's
outstanding level of International trade.
The Queen's Awards for Enterprise are the UK's most prestigious
business awards. The International Trade category recognises
outstanding growth in overseas earnings and year on year growth in
overseas sales over a six-year period. Each year thousands of UK
businesses enter this prestigious award programme.
Inspiration Healthcare Ltd exports its medical technology
products for use in critical care and operating theatres to over 50
countries globally and has a network of over 80 active
international distributors throughout the world. In its last annual
financial report published in April 2018, international revenues
rose by over 13% from the previous year to approximately
GBP5milion, out of the Company's total revenue of GBP15.5million.
Of this international revenue, approximately 62% originated from
mainland Europe, 15% from the Middle East and Africa, approximately
13% from the USA and 10% from the rest of the world. The key
products that Inspiration Healthcare exports are Tecotherm Neo,
Inspire nCPAP and AlphaCore(5) .
Commenting, Neil Campbell, CEO said
"We are absolutely thrilled to have won the Queen's Award for
Enterprise which recognises the hard work our team have put into
developing our brand awareness as well as our business outside of
the UK. It has taken many years to establish this international
presence and we are justifiably proud of the recognition through
gaining the most prestigious of UK business awards. Looking
forward, we are confident that we will continue to grow our
international business by developing and launching new medical
products which are specifically designed to improve patient
outcomes around the world."
Enquiries:
Inspiration Healthcare Group Tel: 01455 840555
plc
Neil Campbell, Chief Executive
Officer
Mike Briant, Chief Financial
Officer
Nominated Adviser & Broker Tel: 0207 397 8900
Cenkos Securities plc
Mark Connelly
Cameron MacRitchie
-------------------
Cadogan PR Tel: 07771 713608
Alex Walters
-------------------
About Inspiration Healthcare
Inspiration Healthcare (AIM: IHC) is a global supplier of
medical technology for critical care, operating theatre and other
medical applications. The Company provides high quality innovative
products to patients and caregivers around the world that help to
improve patient outcomes and efficiencies of healthcare
organisations with patient focused customer service and technical
support.
The Company's own brand of critical care solutions span
non-invasive respiratory management, thermoregulation and
diagnostics, and patient warming for newborns through to adults in
intensive care and the operating theatre, whilst the distribution
business supplies solutions to support specialised surgical
procedures and infusion therapies.
Present in over 50 countries worldwide, Inspiration Healthcare's
success has been built on continuous innovation, excellent customer
service and an inherent commitment to improving the quality of life
of patients, working in close collaboration with key opinion
leaders and stakeholders in the clinical and medical community
across the globe.
Further information on Inspiration Healthcare can be seen at
www.inspiration-healthcare.com
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END
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