Tuesday, March 25, 2008

News: Dawmed confident of return to profit after difficult year

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Rotherham based medical company, Dawmed have published their latest financial results and blamed a lack of spending by the NHS, investment in IT and litigation costs for a £578,000 loss in the year to September 30, down from an £88,000 loss the previous year. But chairman Kevin Gilmore said a number of new contracts and the largest order book in the group's history should help it return to profit in 2008. Earlier this month the group was awarded a major contract with the East Kent Hospitals NHS Trust and a potential deal to supply their medical disinfection machines to hospitals across Europe.
Dawmed website
The Business Desk article
Yorkshire Post article

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