Convatec Group (CTEC)

Sector:

Health Care

Index:

FTSE 100

254.60p
   
  • Change Today:
    -0.80p
  • 52 Week High: 293.40p
  • 52 Week Low: 196.20p
  • Currency: UK Pounds
  • Shares Issued: 2,049.79m
  • Volume: 12,796,142
  • Market Cap: £5,219m
  • RiskGrade: 96

ConvaTec launches 'Foam Lite' dressing in US market

By Josh White

Date: Wednesday 05 Apr 2017

LONDON (ShareCast) - (ShareCast News) - Global medical technology company ConvaTec Group announced the US launch of 'Foam Lite' ConvaTec dressing on Wednesday, which it described as a light, flexible silicone foam dressing for managing low to non-exuding chronic and acute wounds.
The FTSE 100 firm said the US launch of 'Foam Lite' dressing continued its expansion into large, growing segments of advanced wound care, beginning with the successful launch of 'AQUACEL' foam dressing into the $1.2bn foam market, and most recently with the European launch of the 'Avelle' negative pressure wound therapy (NPWT) system into the fast-growing disposable segment of the NPWT market.

'Foam Lite' ConvaTec dressing is a thin, flexible foam dressing developed specifically for managing low to non-exuding wounds, such as skin abrasions, skin tears and partial thickness burns, which do not require the absorbency of regular foam dressings, ConvaTec's board explained.

The new dressing complemented its range of 'AQUACEL' foam dressings for moderately exuding wounds.

"ConvaTec is committed to providing wound specialists with a broad range of advanced foam dressings for managing a wide variety of patients' wounds and offering simple solutions to the wound management challenges that they see every day," said vice president and general manager of ConvaTec Advanced Wound Care, Fiona Adam.

"We have had a very positive response from customers in Europe where we initially launched 'Foam Lite' ConvaTec dressing last year, and we look forward to developing more advanced products and solutions that can help our customers protect fragile skin, defend against infection and help their patients resume their daily lives."

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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 254.60p
Change Today -0.80p
% Change -0.31 %
52 Week High 293.40p
52 Week Low 196.20p
Volume 12,796,142
Shares Issued 2,049.79m
Market Cap £5,219m
RiskGrade 96

CTEC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.96% below the market average96.96% below the market average96.96% below the market average96.96% below the market average96.96% below the market average
87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% below the sector average
Price Trend
62.59% above the market average62.59% above the market average62.59% above the market average62.59% above the market average62.59% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Income
80.08% below the market average80.08% below the market average80.08% below the market average80.08% below the market average80.08% below the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average
Growth
32.14% below the market average32.14% below the market average32.14% below the market average32.14% below the market average32.14% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average

What The Brokers Say

Strong Buy 6
Buy 8
Neutral 4
Sell 1
Strong Sell 0
Total 19
buy
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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 17-May-2024

Time Volume / Share Price
17:29 650,000 @ 253.60p
17:15 6,104,476 @ 253.60p
17:06 650,000 @ 253.60p
16:35 2,539,327 @ 254.60p
16:35 4,776 @ 254.60p

CTEC Key Personnel

CEO Karim Bitar
Chair John McAdam
CFO Jonny Mason

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