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29 April 2021 | 07:47am StockMarketWire.com - medical technology company Convatec reported an 8.7% rise in revenue in the first quarter, led by 'strong' growth in its advanced wound care and infusion care business. For the three months ended March 2021, revenue rose 8.7% to $500 million year-on-year. Advanced Wound Care revenue was up 8.8% on a reported basis, while Ostomy Care, its second largest business was up 6.7%. Infusion Care revenue increased 13.9%, and continence & critical care revenue was up 7.4%. Looking ahead, the company maintained its full year outlook, citing ongoing macro ...

5 March 2021 | 08:15am StockMarketWire.com - Medical products maker ConvaTec reported a rise in annual profit on higher revenue and margins . For the year ended 31 December 2020, pre-tax profit rose to $174.7 million from $8.9 million year-on-year as revenue rose 3.7% to $1,894.3 million. Gross margin grew to 59.5% from 59%, while earnings before interest and tax fell 1.1% to $350 million. The company proposed a dividend of 3.983 cents to take full-year dividend to 5.7 cents, in line with the prior year. Looking ahead, the company expects to see 2021 organic revenue growth of between 3% to 4....

FTSE 100 finishes lower as strong US jobs report adds to inflation concerns

5 March 2021 | 12:00pm StockMarketWire.com - The FTSE 100 was back in positive territory by lunchtime helped by oil price driven strength in the energy sector and a slump in sterling. At midday the index was up 0.4% to 6,675.18. US futures pointed to a flat open on Wall Street, after yesterday's heavy selling, with the monthly US jobs report in focus. UK bourse operator London Stock Exchange has tumbled 9.4% to £86.00 after it reported an increase in annual profit on higher revenue in its information services and post-trade clearing business. For the year ended 31 December, pre-tax profit in...