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Trading Update

5 Oct 2010 07:00

RNS Number : 8346T
Immunodiagnostic Systems Hldgs PLC
05 October 2010
 



 

 

Immunodiagnostic Systems Holdings plc

 

Trading update

 

Immunodiagnostic Systems Holdings plc ("IDS" or "the Company"), a leading producer of diagnostic testing kits for the clinical and research markets, announces a trading update for the six month period to 30 September 2010, prior to the release of its half-yearly report on Tuesday, 30 November 2010.

 

Turnover from continuing operations for the period is 34% ahead of the comparative period for last year at £22.6 million (2009: £16.9 million) and 11% ahead of 2009 H2 on a like for like basis.

 

The Company has made continued progress in placing instruments into reagent rental accounts as well as outright unit sales. At the end of September we had sold or placed 140 iSYS machines since it was launched in February 2009, almost doubling the number of machines in the market at our previous financial year end (as at 31 March 2010: 74 iSYS machines sold or placed).

 

Overall trading remains in line with management expectations and the Board remains confident going forward that it can continue to execute its plans for the current year.

 

Enquiries:

 

Immunodiagnostic Systems Holdings plc

Tel: 0191 519 0660

Ian Cookson, CEO

Paul Hailes, Finance Director

Brewin Dolphin

Tel: 0845 213 4730

Andrew Emmott

Sean Wyndham-Quin

Walbrook PR Ltd

Tel: 020 7933 8787

Paul McManus

Mob: 07980 541 893

paul.mcmanus@walbrookpr.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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