Surgical Innovations hit by US tariffs as profits tumble

Medical technology group Surgical Innovations has warned that trading headwinds are set to continue into the second half after revenue slipped and profits were squeezed in the first six months of the year.

The Leeds-based designer and manufacturer of minimally invasive surgical equipment reported revenue of £6.02m for the six months to June 30, down from £6.15m a year earlier.

Adjusted EBITDA fell sharply to £30,000, compared with £370,000 in the ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...