Delivering strong growth8 Oct 2016 18:13
Sinclair Pharma plc
Delivering strong growth, completed transformational US distribution deal, on track to meet full year guidance
Sinclair Pharma plc (SPH.L), ("Sinclair", or the "Group", or the "Company") the international specialty pharma company, today announces its unaudited results for the six and twelve month periods ended 30 June 2016.
Highlights
- Reported revenues show significant growth reflecting strong in market sales and planned de-stocking in prior six month period. Group revenues increased 125% to GBP17.3 million compared to GBP7.7 million in the previous six month period
o On track to meet guidance of 40% sales growth for calendar year 2016, pre Brazil consolidation and US Silhouette Soft(R) sales
o Silhouette Soft(R) sales increased 94% to GBP6.2 million (GBP3.2 million for the previous six months)
o Ellansé(R) sales increased 147% to GBP4.2 million (GBP1.7 million in the previous six months)
o Perfectha(R) sales up 184% to GBP3.7 million (GBP1.3 million in the previous six months)
o Sculptra(R) sales back on track, up 146% to GBP3.2 million (GBP1.5 million in the previous six months)
o Distributor inventory levels remain normalised