17th Apr 2023 12:04
Omega Diagnostics Group PLC - Alva, Scotland-based diagnostics company - Expects annual revenue in the year that ended March 31 to be GBP7.5 million from continuing operations, down from GBP8.6 million a year before. This is in line with its guidance provided in January. Due to "lower-than-expected" production yields and higher costs for raw materials, its loss before interest, tax, depreciation and amortisation is now expected to be around GBP2.0 million. Back in September, at the time of its annual results, Omega had targeted breakeven Ebitda. Then in January, it guided for an Ebitda loss of around GBP1.0 million. Read More
