11th Jan 2011 07:00
Press Release | 11 January 2011 |
Sagentia Group plc
("Sagentia" or the "Group")
Pre-Close Trading Update
Sagentia Group plc (AIM:SAG), the international technology consulting company which provides outsourced R&D consultancy services, reports the following pre-close trading update.
Trading Update
Sagentia's interim results were released on 21 July 2010 when a strong turnaround in the Group's operating performance was reported. A further trading update was released on 11 October 2010, confirming the continued recovery.
The progress made throughout 2010 has been maintained through to the year end. As a result, subject to audit, the Board now anticipates reporting revenue for the year in excess of £20 million and profit before tax in excess of £2.0 million, significantly ahead of market expectations.
The Group's preliminary results are anticipated to be released in late February 2011.
- Ends -
For further information:
Sagentia Group plc | |
Martyn Ratcliffe, Chairman | |
Brent Hudson, Chief Executive | Tel: +44 (0) 1223 875 200 |
Neil Elton, Finance Director | www.sagentiagroup.com |
Arbuthnot Securities | |
Nick Tulloch / Paul Gillam | Tel: +44 (0) 20 7012 2000 |
www.arbuthnot.co.uk |
Media enquiries:
Abchurch | |
Henry Harrison-Topham / Nick Probert | Tel: +44 (0) 20 7398 7702 |
www.abchurch-group.com |
Notes to editors:
Sagentia Group plc is an international technology consulting company providing outsourced R&D consultancy services from market analysis, through product development to transfer-to-manufacture for the medical, consumer and industrial sectors.
Sagentia is headquartered in Cambridge, UK and has state-of-the-art facilities in the UK, the USA and Hong Kong. The Group is listed on the AIM market of the London Stock Exchange (ticker: SAG). For further information, please see www.sagentia.com
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