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Half Year 2026 Trading Update

In brief · summary, not quotable

H1 2026 revenue £115.2m, up 3.9% on prior year, but de-stocking impacted sales.

  • H1 2026 Revenue £115.2m (prior £110.8m)
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Winsford, UK: Advanced Medical Solutions Group plc (AIM: AMS), the innovative tissue-healing medical device company delivering high-performing solutions for better patient outcomes, today announces a trading update for the six months ended 30 June 2026.

The Board is pleased to announce that it expects to report half year 2026 revenues of approximately £115.2 million (H1 2025: £110.8 million), despite some first half orders shipping later than planned in early July. In addition, good progress in the Group's strategic focus of expanding direct sales in Europe has led to some de-stocking, with a consequential impact on sales in the period. As reported in our preliminary results on 18 March 2026, first half performance was against a high comparator caused by order phasing of one key strategic partner in the Advance Closure division in H1 2025.

The integration of Peters Surgical and Syntacoll remains on track.

The Board remains confident of delivering full year 2026 EBITDA in line with current market expectations.

Chris Meredith, Chief Executive Officer of AMS, said: "With our strengthened portfolio, and a pipeline of exciting and significant opportunities, we remain confident in the future prospects of the Group and delivering sustained long-term value."

Optimum Strategic CommunicationsTel: +44 (0) 20 4566 8543
Mary Clark / Nick Bastin / Isabelle AbdouAMS@optimumcomms.com
Investec Bank PLC (NOMAD & Broker)Tel: +44 (0) 20 7597 5970
Gary Clarence / Nick Prowting
Berenberg (Joint Broker)Tel: +44 (0)20 3207 7800

Toby Flaux / Detlir Elezi

Rule 28 of the Takeover Code

The UK Panel on Takeovers and Mergers has confirmed that this profit forecast constitutes an ordinary course profit forecast. The directors confirm that this profit forecast has been properly compiled and the basis of the accounting used is consistent with the Group's existing accounting policies. The profit forecast has been compiled on the basis of the assumptions set out in Part X (AMS Profit Forecast) of the Scheme Document and should therefore be read in this context and construed accordingly.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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