Convatec Group (CTEC)

Sector:

Health Care

Index:

FTSE 100

253.80p
   
  • Change Today:
      0.80p
  • 52 Week High: 293.40p
  • 52 Week Low: 196.20p
  • Currency: UK Pounds
  • Shares Issued: 2,049.79m
  • Volume: 7,218,029
  • Market Cap: £5,202m
  • RiskGrade: 96

ConvaTec buys Texas-based J&R Medical

By Michele Maatouk

Date: Friday 02 Mar 2018

LONDON (ShareCast) - (ShareCast News) - FTSE 250 medical products and technologies company ConvaTec has announced the acquisition of Texas-based catheter-related supplies distributor J&R Medical for an undisclosed sum.
For the year ended 31 December 2017, J&R Medical delivered revenues of around $9m.

ConvaTec's chief executive officer Paul Moraviec said: "The addition of J&R Medical to our Home Distribution Group will strengthen our presence in a substantial and important US market. The acquisition also reinforces ConvaTec's position as a leading distributor of urinary catheters in the US."

ConvaTec also said it has divested its respiratory delivery business in Arizona and Utah. The net financial impact of these transactions is positive in both revenue and earnings before interest, tax, depreciation and amortisation.

At 0835 GMT, the shares were down 0.3% to 205.10p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CTEC Market Data

Currency UK Pounds
Share Price 253.80p
Change Today 0.80p
% Change 0.32 %
52 Week High 293.40p
52 Week Low 196.20p
Volume 7,218,029
Shares Issued 2,049.79m
Market Cap £5,202m
RiskGrade 96

CTEC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.58% below the market average96.58% below the market average96.58% below the market average96.58% below the market average96.58% below the market average
87.88% below the sector average87.88% below the sector average87.88% below the sector average87.88% below the sector average87.88% below the sector average
Price Trend
65.04% above the market average65.04% above the market average65.04% above the market average65.04% above the market average65.04% above the market average
72.22% above the sector average72.22% above the sector average72.22% above the sector average72.22% above the sector average72.22% above the sector average
Income
78.81% below the market average78.81% below the market average78.81% below the market average78.81% below the market average78.81% below the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average
Growth
31.71% below the market average31.71% below the market average31.71% below the market average31.71% below the market average31.71% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average

What The Brokers Say

Strong Buy 6
Buy 8
Neutral 4
Sell 1
Strong Sell 0
Total 19
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CTEC Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 17-Aug-23
Paid 23-May-24 28-Sep-23
Amount 4.46¢ 1.77¢

Trades for 14-Jun-2024

Time Volume / Share Price
16:37 94,620 @ 253.68p
16:35 329,997 @ 253.80p
16:35 5,459 @ 253.80p
16:35 3,686,223 @ 253.80p
16:35 9,447 @ 253.80p

CTEC Key Personnel

CEO Karim Bitar
Chair John McAdam
CFO Jonny Mason

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