In Brief: Surgical Innovations; Walker Morris; Leeds Half Marathon; University of Huddersfield

REVENUES have shot up at Surgical Innovations Group, the keyhole surgery specialist.

In a trading update for the 12 months to the end of December 2013, the Leeds-based group said  total revenues for the year will be £8.6m, a 13% increase against the previous year.

The group said its strategy for long-term growth is the development of its brand within the lucrative US market, underpinned by the appointment of a president of US sales and operations.

Surgical Innovations reported a substantial increase of 75% in sales to the US of its branded products. Overall, branded product revenues have grown by 23%.
 
However, the business said group profitability has been adversely affected by the combined effect of the US dollar exchange rate and the strategic investment during the second half of the year in manufacturing operations designed to streamline and improve process flows of individual product lines to enable and support the 75% growth in US revenues.  As a result, the adjusted EBITDA (excluding exceptional items) for the year end will be significantly below the reported number for the year ending December 2012 (2012: £2.9m).

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WALKER Morris corporate partner Debbie Jackson has been listed as one of The Lawyer’s Hot 100 Lawyers in its annual research report.

The Lawyer’s Hot 100 recognises lawyers across the country for their innovative and inspirational work and is the culmination of months of research by The Lawyer’s editorial team into candidates’ client work and contribution to their firms and the profession.

Jackson was recognised for her national and international client base, specialising in a full range of corporate work, including specialist deals in the retail, financial services and technology sectors. 

The Walker Morris Corporate Department has also been recognised as one of the most active legal advisers in the Yorkshire M&A market in 2013 in a new report unveiled by Experian.

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JANE Tomlinson’s Leeds Half Marathon has been officially launched.
 
Las year’s event raised  £150,000 for the event’s official partner charities – all Yorkshire hospices. On top of the £150,000, tens of thousands of pounds more were raised by runners who took on the 13.1 miles for other good causes of their choice.

The Run For All team took over the organisation of the race from Leeds City Council in 2012 and is due to run the event for 10 years, putting it on course to raise well over £1.5m for Leeds Half Marathon partner charities.

The May event also includes the hugely popular corporate relay in which companies and other organisations will be out to show they are the city’s fastest firm. Teams must have six runners with the first five each completing two miles and the final team member taking on 3.1 miles.

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THE University of Huddersfield is part of an innovative project targeted at reducing business crime in the region.

The Applied Criminology Centre (ACC) at the University of Huddersfield is a partner in a successful Capacity Building Grant application to the newly-established College of Policing. 

The project aims to mainstream innovative techniques for reducing business crime into the four police forces making up the Yorkshire Humber region – West Yorkshire, South Yorkshire, North Yorkshire and Humberside – as a first step to a national roll-out. 

Working closely with the not-for-profit charity, People United against Crime (PUAC) and the four police forces, the ACC will assist in the development of suitable training materials for police officers; scan for future crime threats affecting businesses and develop a robust strategy for evaluating the impact of interventions on reducing crime.

 

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