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£118.37m
-11.00p ()
409.00p
Date: Tuesday 24 Jun 2008
LONDON (ShareCast) - Drug inhaler group firm Consort Medical saw full year profit fall sharply as it felt the impact of Pfizer’s decision to stop marketing its inhalable insulin product Exubera late last year.
Profit before tax from continuing operations fell by 53% to £7.3m due to “a number of special items”, although before theses it rose 1% to £17.6m. Revenue was unchanged at £126.5m.
“We are now on a sound footing with long-term contracts, a blue-chip customer base and good growth prospects from the increased sales of HFA valves, the introduction of dose counters on aerosol drug dispensers and our anaesthesia franchise,” said boss Jon Glenn.
“In addition we continue to look at acquisition opportunities within the healthcare sector.”
In a separate statement, the company said ex-ACTA SpA and Johnson Matthey man Toby Woolrych is its new finance chief. He replaces Glenn who became CEO last December.
The final dividend stays at 12.1p per share.
| Currency | UK Pounds |
| Share Price | 409.00p ![]() |
| Change Today | -11.00p |
| 52 Week High | 638.50 |
| 52 Week Low | 350.00 |
| Volume | 6,408 |
| Shares Issued | 28.94m |
| Market Cap | £118.37m |
| Beta | 0.16 |
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| Strong Buy | 1 |
| Buy | 1 |
| Neutral | 0 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 2 |

| Latest | Previous | |
|---|---|---|
| Final | Interim | |
| Ex-Div | 24-Sep-08 | 23-Jan-08 |
| Paid | 24-Oct-08 | 22-Feb-08 |
| Amount | 12.10p | 7.00p |
| Time | Volume / Share Price |
| 16:35 | 832 @ 409.00p |
| 16:25 | 254 @ 409.00p |
| 16:24 | 536 @ 407.25p |
| 16:24 | 1,053 @ 406.00p |
| 16:23 | 478 @ 405.00p |
| Chair | John Robinson |
| CEO | Jonathan Glenn |