Surgical Innovations (LON:SUN) - Sharpening the profile
Mar 04th 2013 - Edison Investment Research today published a report on Surgical Innovations (SUN.L, LSE:SUN, LON:SUN) entitled "Sharpening The Profile". In summary, the report says:
Strong underlying growth in sales of Surgical Innovations’ (SI) branded minimally invasive surgical (MIS) products indicates that its strategy is taking shape. The current capacity squeeze is due partly to the unpredictability of third-party OEM orders. SI will invest c £10m, including a £5m Regional Growth Fund grant, to build a new state-of-the-art plant. It is also investing in the product pipeline, branching into high-growth therapeutic areas in response to the dynamic MIS market.
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