Synergy says Q1 growth limited by currency translation

Synergy Health, a provider of outsourced sterilisation services, disappointed investors by admitting headline growth in the first quarter had been held back by currency translation with the devaluation of the euro.

Synergy Health, a provider of outsourced sterilisation services, disappointed investors by admitting headline growth in the first quarter had been held back by currency translation with the devaluation of the euro.

It was by no means all bad news, however, with improved margins offsetting the impact of slower reported revenue growth.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.