Laboratory pipette with drop of liquid over glass test tubes in a science research lab

18 July 2023 - trading update

The AIM-listed international healthcare group has issued a trading update covering the six months to 30 June and this has revealed only a modest 1% rise in revenue for the period as this rose to £82.4m.  The first half saw a mixed-performance with some regulatory issues delaying manufacturing in certain smaller products although elsewhere the business performed in reasonable fashion.  The shares have clearly fallen back a long way since peaking at 72p in both March and May and are now back at a solid entry point - BUY.

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