Overview
UK medical device firm's FY25 revenue grew 50%
Company reduced underlying operating costs by 20% in FY25
Underlying operating loss reduced by over 40% in FY25
Outlook
Creo expects FY26 revenue growth and improved operational efficiency
Company aims for self-sustaining cashflows and increased shareholder value
Creo's products strategically positioned in growing markets for potential returns
Result Drivers
CLINICAL ADOPTION - Increased clinical adoption and demand for Creo's core products drove revenue growth
PRODUCT LAUNCHES - Launch of SpydrBlade™ Flex and MicroBlate™ Flex contributed to revenue growth
COST CONTROL - 20% reduction in operating costs due to actions taken in FY24 and continued cost control
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Adjusted EBIT
-GBP 13.30 mln
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"
Wall Street's median 12-month price target for Creo Medical Group PLC is GBp40.00, about 226.5% above its January 19 closing price of GBp12.25
Press Release: ID:nRST5118Pa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)