LONDON (ShareCast) - Heating solutions company Inditherm moved into the black for the first time at the interim stage, with a pre-tax profit of £22,000, though it cautioned that it expects to make a loss in the second half of the year. In the first half of last year it recorded a pre-tax loss of £287,000.

Group turnover rose 43% to £1.26m from £0.88m on the back of sales of launch stocks o Smiths Medical.

“We are currently experiencing increased level of interest from the NHS, following NICE guidelines encouraging a significant increase in patient warming before, during and after surgery,” the chairman, Mark Abrahams said.

Abrahams believes underlying growth in the medical business will push the company to the break-even point in the foreseeable future, and that this will be achieved at a lower level of sales, thanks to higher margins and the better quality of business secured.

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