16 September 2021 - final results

The AIM-listed pharmaceutical and services group has announced its results for the year to 30 June with adjusted revenues rising by 7% to £458.6m although adjusted pre-tax profits fell by 15% to £92.3m.  Earnings per share on the same basis were 14% lower at 55.9p and the dividend was maintained at 7.61p per share.   Although the results were broadly in line with expectations, a  cautionary note on prospects for the current financial year has resulted in a sharp fall in the share price.  Lower sales than expected of Erwinase . . .

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