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Regenersis Trading In Line, Gets Indicative Offers For Aftermarket Arm

13th Jan 2016 09:33

LONDON (Alliance News) - Regenersis PLC on Wednesday said its first half performance was strong and ahead of the previous year, in line with its expectations, and said it has received indicative offers for its aftermarket services unit.

The company, which provides electronic repair, diagnostics and data erasure software, said its software business saw sales rise in the first half to the end of December, in line with market expectations, with margins maintained.

The aftermarket services business also performed well, with revenue meeting the company's expectations.

Regenersis also said it has received several indicative offers for its aftermarket services business, following the strategic review it launched back in September. Further announcements on this will come in due course, the group said.

Shares in Regenersis were up 3.4% to 182.00 pence.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


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