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Advanced Medical Solutions beats expectations

It is tough to find justification for a 5 per cent intra-day share price fall in half-year results from Advanced Medical Solutions (AMS). Adjusted pre-tax profit rose by over a fifth to £11.5m after better-than-expected constant-currency revenue growth of 8 per cent. But investors scarpered from the stock on results day – as they did at the time of the full-year results – having perhaps taken the opportunity to bank some profits after a 30 per cent one-year share price rise.  

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