Advanced Medical Solutions shy of expectations

Wound care product manufacturer Advanced Medical Solutions has reported a rise in sales during the twelves months ended December 31st, but the figures seemed to have failed to live up to market expectations.

Wound care product manufacturer Advanced Medical Solutions has reported a rise in sales during the twelves months ended December 31st, but the figures seemed to have failed to live up to market expectations.

Profit before tax grew from £4.3m in 2010 to £4.6m in 2011, on revenues of £34.35m (2010: £31.88m). Basic earnings per share rose fell 3.17p to 3.10p, while operating margin was up 190 basis points to 18.6% from 16.7%.

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