ConvaTec Group PLC (CTEC.L)
19 Mar 2019
* ConvaTec slumps on mid-caps (Adds company news items, updates to closing prices)
Shares of ConvaTec plunged on Thursday after the medical devices maker reported "disappointing" annual results and launched a turnaround plan, which would include a $150 million (117 million pounds) investment over three years to boost sales and profit.
Feb 14 Shares of ConvaTec plunged on Thursday after the medical devices maker reported "disappointing" annual results and launched a turnaround plan, which would include a $150 million investment over three years to boost sales and profit.
Feb 14 Britain's FTSE 100 index is seen opening 13 points lower at 7,178 on Thursday, according to financial bookmakers, while FTSE 100 futures were up 0.18 percent ahead of the cash market open.
Feb 14 Catheter and colostomy bag maker ConvaTec played down the risks of even a no-deal Brexit to its business on Thursday, saying it was making plans to stock pile appropriately to deal with any potential supply disruptions.
* Warnings sink ConvaTec and Superdry (Updates prices, adds details)
ConvaTec warned of lower sales and profitability and announced the departure of its CEO on Monday, sending shares in the British medical devices maker tumbling more than 30 percent.
* Shares slide as much as 30.7 pct to record low (Recasts, adds share price reaction, analyst and company comment)
Oct 15 British medical devices maker ConvaTec on Monday lowered its expectations for organic revenue and adjusted operating earnings margin for the full year, citing a change in inventory policy by its largest customer in its Infusion Devices business.