Page 2 - Eakin Group News Today

Respiratory equipment firm Armstrong Medical has revealed its sales grew by 33% during the pandemic, with profits up 39% to over £9m. The figures, disclosed in the Coleraine-based companys most recent financial results which cover the year up until May 2020, also show pre-tax profits rose 89% compared to the previous period. For the year, Armstrong Medical generated £18.7m in turnover, up from 2019s £14m. The companys profits sat at £3.6m, an increase on the previous years £1.9m. Armstrong...

BBC News By John Campbell Published Eakin Healthcare, the Comber-based medical devices manufacturer, has bought another firm, Armstrong Medical. The deal will allow Eakin to diversify its product ranges in what the firm said is a "strategic acquisition". Eakin specialises in wound care while Coleraine-based Armstrong makes respiratory products. The price paid has not been disclosed. Last year the main company in the Eakin group, TG Eakin, showed a pre-tax profit of £16m on turnover of £34m. A...