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ADVANCED MEDICAL SOLUTIONS

P 275 270 265 260 272.5 255 14 Sept 8 Sept 9 Sept 12 Sept 13 Sept 14 Sept

Analysts at Peel Hunt have picked the numbers of wound care solutions firm Advanced Medical Solutions and increased the interim dividend from 0.58p to 0.64p. Analysts, however, retained Advanced's Hold rating as they believe no material changes to forecasts will be implemented. The firm's interim results in fact were in line with July's trading update of revenues worth £58.3m and a profit before tax of £28m.

RICARDO 460

P 14 Sept 428 455 450 445 440 435 430 425 8 Sept 9 Sept 12 Sept 13 Sept 14 Sept

Ricardo saw analysts retain its Add rating after posting strong 2022 finals as the firm enters 2023 with "a strong order book and actions already taken to improve the global operating model in A&I". The firm's profit before tax rose 33 per cent to £24.2m while its earnings per share jumped 27 per cent. Whilst parts of the business returned to profitability, margins were brought down by an increase in operating costs.

(c) 2022 City A.M., source Newspaper