Sagentia to smash forecasts

R&D consultant Sagentia is trading so strongly it now expects its first half results not only to beat estimates but also to exceed the forecasts for the whole year.'This significant turnaround in performance, compared to the loss reported in the first half of 2009, is due to the restructuring undertaken in the second half of last year and strong trading in the first half of 2010,' it said. Sagentia added that due to the much better than expected first half and a £7.7m placing, net funds at end June were £6.6m, compared to net debt at end June 2009 of £4.8m. Science Group