H1 results show good growth, but it is apparent that recent political turmoil has contributed delays in implementing central funding initiatives for the much-needed digitisation of the NHS. INHC remains well-placed for when that happens and, importantly, does not expect opportunities in the pipeline to fall away, more that they will be deferred into FY24. We update our forecasts for FY23 accordingly and await more detail on planned cost savings for FY24. Despite recent weakness, it is worth reme ....

05 Dec 2022
Interims – slower than expected pipeline conversion

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Interims – slower than expected pipeline conversion
Induction Healthcare Group Plc (INHC:LON) | 21.5 0 0.0% | Mkt Cap: 19.8m
- Published:
05 Dec 2022 -
Author:
Chris Glasper -
Pages:
3 -
H1 results show good growth, but it is apparent that recent political turmoil has contributed delays in implementing central funding initiatives for the much-needed digitisation of the NHS. INHC remains well-placed for when that happens and, importantly, does not expect opportunities in the pipeline to fall away, more that they will be deferred into FY24. We update our forecasts for FY23 accordingly and await more detail on planned cost savings for FY24. Despite recent weakness, it is worth reme ....