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Deepverge FY revenues on track to meet guidance

Tue, 01st Dec 2020 09:02

(Sharecast News) - Scientific research firm Deepverge gave investors an update on its revenue performance on Monday.

Deepverge said it remained on track to deliver on its full-year guidance of £4.0m, while amalgamated revenues, which includes income from the recently acquired Modern Water, was anticipated to be well above the £4.0m mark.

Chief executive Gerard Brandon said: "The presentation will reiterate the guidance for 2020, provide an update on sales, marketing, supply chain management of products and services under development for a post-Covid world and I look forward to the opportunities that are ahead for the enlarged group."

As of 0900 GMT, Deepverge shares were up 4.29% at 27.95p.

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