Advanced Medical Solutions presented its half yearly report. (11 sep 13)
Increasing revenue (+11%)
Increasing operating margin (23.8% vs 23.2%)
EPS up 33%
and share price falls 4%. I've read the report and struggling to find a good reason for the fall, the chairman is retiring could that be it?
Its forward looking statements - i.e. net funds at end of year, product approvals in Russia, the passing of regulatory audits in korea and brazil should all prove beneficial in the coming year.
So any insight greatly appreciated