The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBTG Share News (BTG)

  • There is currently no data for BTG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

BTG upgrades sales forecasts on back of strong oncology, vascular portfolio

Thu, 04th Oct 2018 07:36

(Sharecast News) - Healthcare company BTG said it had delivered good first half sales growth, driven by the performance of its interventional medicine business as it upgraded its full year sales growth forecast in its oncology and vascular portfolio to 15-17%.The forecast was a rise from its previous 13-15 percent forecast. BTG added that sales of its pharmaceutical products would be at the upper end of guidance of flat-to-single digit CER decline.However, it added that it was looking at a partnership deal or sale of its lung therapy treatment PneumRx after the US Food & Drug Administration's decision in August 2018 not to give it pre-market approval application.In a trading update chief executive Louise Makin said its varicose vein treatment Varithena was expected to become profitable during the 2019/20 financial year and to have peak sales potential in the "high tens of millions of dollars".She said the better than expected performance in Pharmaceuticals was driven by its DigiFab, Voraxaze, and CroFab products.In a separate announcement, the company said chairman Garry Watts has retiring at the end of the year.
More News
27 May 2015 07:57

Wednesday broker round-up

Beazley: JP Morgan upgrades to overweight from neutral and sets 308p target, up from 255p. Hiscox: JP Morgan upgrades to overweight from neutral and ups target to 950p from 801p. Lancashire Holdings: JP Morgan improves target price to 642p from 589p, stays at neutral. Dixons Carphone: Exane keeps

Read more
19 May 2015 15:54

LONDON MARKET COMMENT: Stock Close Up As ECB Indicates QE Acceleration

Read more
19 May 2015 13:15

FTSE 250 movers: Big Yellow surges on rising profits, miners lower

UK stocks edged higher on Tuesday, despite confirmation of the UK's first deflation since the 1960s. Sector-wise, losses made by miners and telecommunications were offset by strong results from real estate, construction and insurance stocks. As of 2:30GMT, the FTSE 250 was trading 134 points higher

Read more
19 May 2015 11:40

LONDON MIDDAY BRIEFING: Vodafone Buoyed By Its Acquisitions

Read more
19 May 2015 11:33

London midday: FTSE 100 shrugs off deflation reading as ECB ready to step up easing

Despite confirmation of the UK's first deflation since the 1960s, London's blue chip shares passed midday on Tuesday in continuing positive territory. UK inflation fell 0.1% in the year to April, the first annual fall in the consumer prices index since the 1960s. Data from the Office for National S

Read more
19 May 2015 10:49

BTG's annual profit falls as acquisitions and foreign exchange movements offset revenue growth

Healthcare company BTG reported a drop in pre-tax annual profit, reflecting investments, acquisitions and foreign exchange movements. Pre-tax profit came to £26.7m, down from £33.3m the previous year, the group said. Revenue rose 27% to £367.8m from £290.5m a year earlier, as each division delivere

Read more
19 May 2015 10:45

WINNERS & LOSERS: Vodafone Slides Despite Beating Expectations

Read more
19 May 2015 10:15

TOP NEWS: UK Inflation Negative For First Time Since 1960

Read more
19 May 2015 07:00

BTG Investment Offsets Revenue Rise, Guides Further Revenue Growth

Read more
19 May 2015 05:59

LONDON MARKET COMMENT: Stocks Seen Higher Despite Greek Worries

Read more
19 May 2015 05:13

Earnings, Trading Statements Calendar - Week Ahead

Read more
18 May 2015 16:05

LONDON MARKET CLOSE: Stocks End Mixed As BHP Hit By South32 Pricing

Read more
18 May 2015 15:17

Earnings, Trading Statements Calendar - Week Ahead

Read more
18 May 2015 05:21

Earnings, Trading Statements Calendar - Week Ahead

Read more
15 May 2015 15:14

Earnings, Trading Statements Calendar - Week Ahead

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.