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IN BRIEF: InnovaDerma expects results in line with market expectations

22nd Oct 2021 18:08

InnovaDerma PLC - London-based developer of beauty, personal care and life science products - Says it expect to report results for the year ended June 30, in December, which represents an extension due to lockdown restrictions in the UK, Australia and Philippines. Says trading remains in line with market expectations and headline financials remain unchanged.

"The focus remains on higher gross margins, enhanced new product development pipeline and stronger cost control as Innovaderma transitions to sustainable, profitable growth," it says.

Current stock price: 35.00 pence

Year-to-date change: down 43%

By Arvind Bhunjun; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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