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Clinigen reiterates guidance after 'solid' first half
The AIM-traded firm said that as usual, it expected to see a second-half weighting to the full-year numbers.
It said its leverage on 31 December was expected to be 2.5x, "meaningfully below" the group's temporary banking covenant of 3.5x.
"During the first half of the year we have seen a solid performance across both the services and products divisions," said group chief executive officer Shaun Chilton.
"We remain mindful of the continued prevalence of the Covid-19 Omicron variant, which has the potential to impact our principal markets.
"However, we continue to perform well on those elements within our control and remain focussed on building the lifecycle platform to service the needs of pharma companies and healthcare professionals around the globe."
At 1115 GMT, shares in Clinigen Group were down 0.54% at 917p.
Latest CLIN News
- Broker tips: Weir, Rio Tinto, Polymetal, Clinigen
7 Jul 2014 - Investec upgrades Clinigen to 'buy' after recent sell-off
7 Jul 2014 - UK BROKER RATINGS: Citi Raises Weir To Buy, Lifts Price Target 19%
7 Jul 2014 - UK MORNING BRIEFING: Anglo American And SABMiller Make Disposals
7 Jul 2014 - Clinigen To Provide Abiogen Pharma's Nerixia Through Named Patient Programme
14 Apr 2014 - Clinigen Agrees New 4-Year GBP35 Million Debt Facility With RBS
4 Apr 2014 - Clinigen Group agrees new credit facility with RBS
4 Apr 2014 - UK MORNING BRIEFING: Matomy Media Pulls IPO; CFOs Come And Go
4 Apr 2014
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Investec upgrades Clinigen to 'buy' after recent sell-off
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