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Interim Results
21 Jul 2010
For the six month period ended 30 June 2010 Sagentia Group plc is an international technology consulting company providing outsourced R&D consultancy services from market analysis, through product development to transfer-to-manufacturing for the medical, consumer and industrial sectors.
Summary: Operating performance substantially ahead of market expectations with PBT for the 6 month period ahead of market expectations for the year as a whole.
- Underlying revenue growth rate of continuing Consulting operations (excluding discontinued and disposed operations) of 29%
- Gross profit of £1.2 million (H1 2009: Loss of £0.6 million)
- PBT of £0.9 million (H1 2009: Loss of £1.9 million)
- Diluted EPS of 3.8p (H1 2009 : Loss per share of 9.0p)
- Cash balance of £12.5 million including proceeds of the Placing in May 2010 and net funds of £6.6 million (H1 2009: Net debt of £4.8 million)
- Successful operational turnaround and corporate developments provide strong platform for the future
Download the full interim report below or read the shareholder's presentation.
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