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One Health Group PLC - Sheffield-based medical services provider - Says its results for the half-year ended September 30 will be in line with its expectations, with revenue more than £11 million, up around 12% from £9.8 million a year prior. Cash at September 30 was £3.6 million, up 33% from £2.7 million in the corresponding period a year ago. Notes a 12% increase in new patient referrals from the year before, and says the number of new clinicians joining the company rose by 19%. Says second half of the year is ‘historically’ the predominant period for surgical activity.
Chief Executive Officer Adam Binns comments: ‘One Health Group has performed well in the first six months of the financial year, ahead of last year with increasing numbers of patients choosing One Health through Patient Choice. In addition, we have started supporting two more Trusts (Barnsley Teaching Hospitals & Derby & Burton NHS Foundation Trust) with their internal patient waiting lists, further reducing the pressure on the NHS waiting list. Also, growing numbers of surgeons are applying to work with us, having seen the benefits that the group provides to the wider community.
‘We look forward to the future with confidence, as our business model for providing surgical care, free at the point of delivery, becomes more widely recognised for helping to reduce the pressure of waiting lists on the NHS supported by the ongoing national media campaign to promote Patient Choice.’
Current stock price: 159.0 pence, last traded on Friday
12-month change: unchanged from November 24, 2022
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