Half Year Results 

ConvaTec misses expectations

ConvaTec misses expectations

Half-year results from hospital equipment specialist ConvaTec (CTEC) dealt investors two blows: an unexpected decline in operating profit and news that highly regarded chief financial officer, Nigel Clerkin, is leaving. The shares dropped 6 per cent on the day of the announcements – the worst fall since the group joined the stock market in October.

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