5th Nov 2015 09:00
LONDON (Alliance News) - Life science research tools supplier Abcam PLC on Thursday said it remains confident on meeting its expectations for the full year.
Murray Hennessy, the company's chairman, said in a statement to be given at its annual general meeting that the company's financial year to the end of June 2016 has started well, leaving the group well set to meet its targets for the year.
"The positive momentum we reported in the last financial year has continued, which gives us confidence in the capital and operational investments we are making in the business," he said.
Hennessy said investments will increase in the first half of the year and said work is ongoing on building a new IT platform.
Shares in Abcam were up 0.8% to 603.85 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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