IXICO PLC - London-based data analytics company - Expects revenue to be GBP4.9 million for the six months to the end of March, representing 8% growth year-on-year. Adjusted order book stood at GBP19.0 million at March 31 compared to GBP15.3 million the year prior. The company also announces new contract wins during the period despite the impact that the Covid-19 pandemic has had on the clinical development sector. The new contracts cover nine different clients and five different neurological indications. This success reflects momentum in the company's commercially led growth strategy underpinned by the development of its artificial intelligence analytics solutions.
Current stock price: 87.36 pence, up 5.3% on Monday
Year-to-date change: down 15%
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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