- By Buckinghamshire Business First
- 18 June, 2018
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The Buckinghamshire-based healthcare company’s profits rocket in huge boost for local economy and advancement for healthcare sector.
Trio Healthcare, which is dedicated to evolving life enhancing healthcare solutions, has announced its pre-tax profits have grown 380 per cent in the last financial year (April 2017-March 2018), an incredible achievement for the innovative healthcare company and the region’s economy.
The company has also seen income grow year on year; by 137 per cent in 2015/16, 88 per cent in 2016/17, and 62 per cent in 2017/18, with growth of 62 per cent forecast for 2018/19.
Trio Healthcare, located in Great Missenden, Buckinghamshire, have a strong and successful reputation for developing innovative and advanced medical technologies, such as silicone gel medical adhesives. It has been a year of triumphs for the company who were recently awarded the prestigious Queen’s Award for Enterprise, the UK’s most prestigious business accolade, for their life changing silicone adhesive that prevents abdominal stomas (surgically created intestinal openings) from leaking.
The innovative healthcare company and Medilink North of England Member is developing market disrupting technology and products thanks to its ability to develop products in close consultation with patients and clinicians to ensure they are fulfilling gaps and the needs of their customers.
Trio Healthcare is not just advancing healthcare here in Buckinghamshire and the UK. Their unique secure silicone adhesive that won them the Queen’s Award for Enterprise under the Innovation category for its breakthrough patented silicone technology is improving the lives of ostomates in 20 countries around the world.
Managing Director of Trio Healthcare, Lloyd Pearce, said: “I’m delighted to see such strong figures for Trio Healthcare. They are a reflection of how hard everyone has been working on researching and developing innovative healthcare. We are a young, dynamic and agile company and these attributes have allowed us to stay ahead of the market and react quickly when conditions change.
“We are an ambitious company and believe we are the company that others look to as setting the standard within this ever-advancing sector. It’s an exciting time for Trio – I look forward to the future where I predict lots more growth and innovation.”
The company are also investing heavily in research and development and HR and have recently secured new manufacturing premises in order to develop the next line of Trio Responsive® silicone products.