Revenues top £8.7m at Surgical Innovations

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Revenues top £8.7m at Surgical Innovations
Credit: Shutterstock.com/ Nixx Photography

Surgical Innovations, the Leeds-based manufacturer of technology for minimally invasive surgery, has seen group revenue top £8.7 million for the year ended 32 December 2017.

The revenue rise represents growth of around 44% over 2016, with organic growth in the existing business making up about 10%.

The Group said that its acquisition of Elemental Healthcare in August 2017, is integrated in line with plans.

Moreover, the combined gross margins were within target range, with the Group adding that the increasing levels of profitability are “in line with board and market expectations”.