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IN BRIEF: Ergomed notes "good start" to year amid revenue growth

22nd Jun 2023 18:21

Ergomed PLC - Guildford, England-based company providing specialised services to the pharmaceutical industry - Reports a "good start" to the year, with solid overall growth in revenue. Expects results for the full-year to be in-line with market expectations. Notes it has continued to invest in its commercial expansion, infrastructure, and platform. Says the investment has been primarily in its North American commercial capabilities, its senior leadership presence and in technology. Says it is "actively" seeking and assessing potential acquistions. Remains in "robust" financial position, debt free and with a strong balance sheet.

Current stock price: 979.00 pence, closing 7.6% higher in London on Thursday

12-month change: up 2.7%

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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