Why Convatec shares have fallen despite a strong start to the year
Organic revenue up 6.5% in Q1Advanced wound care outlook cutFull-year outlook maintainedShares in Convatec (CTEC) fell 4% to 255.7p after the medical products maker flagged short-term uncertainty in Advanced Wound Care leading to a softer outlook for the division.The news took the shine off a strong start to the year with first-quarter organic revenue up 6.5% which was slightly ahead of market for