Deltex Medical Group (DEMG)

Sector:

Health Care

Index:

FTSE AIM All-Share

1.30p
   
  • Change Today:
    -0.100p
  • 52 Week High: 2.65
  • 52 Week Low: 0.90
  • Currency: UK Pounds
  • Shares Issued: 524.46m
  • Volume: 1,035,182
  • Market Cap: £6.82m
  • RiskGrade: 445

Deltex wins tender with Paris hospital system

By Iain Gilbert

Date: Tuesday 20 Feb 2018

LONDON (ShareCast) - (ShareCast News) - UK-based haemodynamic management company Deltex Medical Group announced on Tuesday that its French distributor had been awarded a new tender to supply Parisian hospitals with its CardioQ-ODM+ equipment.
Deltex's French distribution partner, Gamida, secured an eight-year tender to supply no less than 34,000 disposable CardioQ-ODM+ probes to the Assistance Hopitaux Publique de Paris, the public hospital system of the city of Paris and its surrounding suburbs, for a minimum value of €4m over the life of the tender.

The terms of the tender, which replaces a previous tender awarded to Gamida in 2011, will see the firm supply 70 new CardioQ-ODM+ monitors free of charge to AHPP hospitals, with Deltex adding its support by supplying the monitors to the distributor at a very low margin.

Deltex received orders for 50 monitor systems at a cost of £100,000 each to be completed for the tender, with the remaining 20 monitors to be supplied out of Gamida's own inventory.

Ewan Phillips, Deltex Medical's chief executive, said, "This is the largest value tender ever awarded anywhere for the Company's products and consolidates our strong market position in France, especially in Paris. France is our largest export market by volume and second only to the USA by value."

As of 1340 GMT, shares had dialed up 5.66% to 1.40p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

DEMG Market Data

Currency UK Pounds
Share Price 1.30p
Change Today -0.100p
% Change -7.14 %
52 Week High 2.65
52 Week Low 0.90
Volume 1,035,182
Shares Issued 524.46m
Market Cap £6.82m
RiskGrade 445

DEMG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
44.04% below the market average44.04% below the market average44.04% below the market average44.04% below the market average44.04% below the market average
56.76% above the sector average56.76% above the sector average56.76% above the sector average56.76% above the sector average56.76% above the sector average
Price Trend Not Available
Income Not Available
Growth
56.84% below the market average56.84% below the market average56.84% below the market average56.84% below the market average56.84% below the market average
70.59% below the sector average70.59% below the sector average70.59% below the sector average70.59% below the sector average70.59% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

DEMG Dividends

No dividends found

Trades for 10-Jul-2020

Time Volume / Share Price
16:21 150,000 @ 1.21p
16:09 170,000 @ 1.33p
15:38 150,000 @ 1.21p
15:35 330,000 @ 1.35p
15:15 100,000 @ 1.20p

DEMG Key Personnel

Chair Nigel J Keen
CEO Andy Mears

Top of Page