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IN BRIEF: Abingdon expects higher half-year revenue

Fri, 15th Dec 2023 10:37

Abingdon Health PLC - York, England-based lateral flow test contract development and manufacturing company - Ahead of its annual general meeting on Friday morning, says revenue for the six months to December 31 will be "significantly higher" than GBP1.1 million a year ago. Adds that it remains "hugely focused" on continuing to grow revenue and reduce its cash-burn throughout the year ending June 30.

Current stock price: 9.00 pence, up 2.9%

12-month change: more than doubled from 4.00p

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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