Josh White Sharecast News
22 May, 2024 15:00 22 May, 2024 15:00

Niox trading in line with expectations

dl niox group plc niox health care healthcare medical equipment and services medical equipment ftse aim 100 logo 20230926 1339
Niox GroupSharecast graphic / Josh White

Niox Group

67.60p

17:15 14/06/24
-0.59%
-0.40p

Asthma-focussed medical device company Niox said in an update on Wednesday that it continued to perform strongly in the year to date, meeting management expectations.

FTSE AIM 100

3,738.33

17:14 14/06/24
n/a
n/a

FTSE AIM 50

4,178.92

17:14 14/06/24
n/a
n/a

FTSE AIM All-Share

776.04

17:14 14/06/24
n/a
n/a

Health Care Equipment & Services

11,262.36

17:05 14/06/24
-1.66%
-190.09

The AIM-traded firm, which was holding its annual general meeting, noted that it settled returns claims totaling £0.4m in January, related to its discontinued business operations.

As of 30 April, the unaudited cash balance for Niox was £23.7m, up from £19.9m at the end of December 2023, with the company maintaining a debt-free status.

Niox said it would provide a trading update for the six months ending 30 June in mid-July.

At 1240 BST, shares in Niox Group were up 1.1% at 73.4p.

Reporting by Josh White for Sharecast.com.

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