10.12.2015, 01:12
Hardman Issues Research Report
OREANDA-NEWS. December 10, 2015. Solid interim results: First half results to 30th September demonstrate clear progress against the Board's objective of creating a business with at least a 100m valuation by 2020.
Proforma sales growth of 97%, driven by new customer contract wins and by pipeline progress from existing customers' medical device programmes. The potential for operations in China (via joint venture) and the development of a new production facility for a global device manufacturer are both in late stage discussions which would underpin longer term growth, if successfully executed.
The long term pipeline continues to build with strategic collaborations.
Proforma sales growth of 97%, driven by new customer contract wins and by pipeline progress from existing customers' medical device programmes. The potential for operations in China (via joint venture) and the development of a new production facility for a global device manufacturer are both in late stage discussions which would underpin longer term growth, if successfully executed.
The long term pipeline continues to build with strategic collaborations.
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