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Advanced Medical Solutions heals well

Woundcare specialist Advanced Medical Solutions (AMS) has used an improved sales mix and efficiency savings to boost last year's underlying pre-tax profits by 20 per cent to £6.4m. With the benefits to come from the €63m (£53m) acquisition of German company Resorba, completed just prior to the year-end, broker Investec Securities forecasts a doubling of profits in 2012, which will drive EPS about 25 per cent higher to 5.4p.

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By Julian Hofmann,
07 March 2012

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