MedaPhor Group losses to widen

MedaPhor Group said it expected to post a deeper annual loss despite boosting revenue.

Turnover for the year through December is expected to grow by 27% to £4.2m, though pre-tax losses will extend to £2.9m, from £2.4m.

"Despite a difficult UK and European market, the ultrasound simulation business has a healthy pipeline of potential orders in the US and Asia and the board is looking forward to progressing the group's exciting AI product development programme during 2018 and beyond," the company said.

At 8:15am: (LON:MED) Medaphor Group Plc share price was 0p at 15.25p