Association of British Healthcare Industries executive gets first-hand view of UK market doldrums:
This article was originally published in Clinica
The executive of the Association of British Healthcare Industries (ABHI) got a first-hand perspective of the ongoing slump in domestic market conditions, in comments by chairman Julian Schild on his company's H1 results. Huntleigh Technology, of which Mr Schild is chairman, today reported "excellent growth in overseas geographical regions [while] UK market conditions continued to temper overall growth rates". In the six months to June 30 2006, revenue increased 16.3% to £115.2m ($214.3m), compared with £99m for the same period in 2005; pre-tax profit was up 9% to £14.3m (£13.1m). Mr Schild gave a fore-warning of this on the eve of his ABHI appointment in June (see Clinica No 1211, p 2).