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IN BRIEF: Collagen Solutions Order Book Strong; Trading In Line

15th Jun 2020 13:53

Collagen Solutions PLC - London-registered biomaterials and regenerative medicines maker - Performing in line with management's expectations in the current environment and encouraged about the year ending March 31, 2021. Order book across entire business continues to be strong and it has not seen a decrease in demand for its products and services. At June 8, the company's order book totalled GBP3.3 million, which is around 82% of financial 2020 revenue. Confident in meeting customer orders for financial 2021. Has GBP1.8 million in cash as of Friday last week. Deadline for filing financial 2020 accounts extended to December 31.

Current stock price: 3.07 pence

Year-to-date change: down 10%

By Tapan Panchal; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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