Companies: SYR   

Full List arrival Synergy Healthcare says first-quarter sales were 30 per cent ahead, with new contracts swelling the order book.

Derby-based Synergy moved from AIM to the main market on Monday and provides sterilisation and control services to healthcare concerns at home and abroad. The company, which increased pre-tax profits 115 per cent to £18.9 million in the year to March, says services under the Central Lancashire Decontamination Scheme will start this autumn, while four new sterilisation contracts will add £3.4 million over four years to an £800 million forward order book, around £140 million of it scheduled for next year.

UBS analysts see pre-tax profits rising 44.3 per cent to £27.2 million in 2008/09 on turnover up 20 per cent to £270 million. Synergy shares, which surged from 402.5p to 898p between 2005 and a year ago, now stand at 737.5p, up 44.5p today, valuing the company at £393 million.    

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Synergy Healthcare	LSE	£193.66m	362.00p	-58.00p
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