Demand recovers for Medica radiology services

Levels of elective surgery are still lower than before the pandemic, but emergency work has recovered at radiology services provider Medica Group (LON: MGP). Volumes continue to recover, and international businesses are contributing.

The recovery and initial contributions from recent acquisitions enabled interim revenues to improve by 56% to £26.4m, while underlying pre-tax profit doubled to £3.98m. Net debt is £35,000 although there is also contingent consideration payable on acquisitions. ...

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