A strong H1 update from Instem, with revenues increasing ~45% YoY, aided by the two acquisitions completed in the period and strong double-digit organic growth. The outlook remains positive, underpinned by buoyant market conditions and a strong pipeline of new opportunities. At its recent CMD, it was apparent how much bigger the TAM is that is now available to the enlarged group – an estimated ~£500m pa. Despite being market leader in many of the niches it serves, Instem’s overall market share i ....
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In line H1 update shows step change in scale
- Published:
19 Jul 2021 -
Author:
Chris Glasper -
Pages:
3
A strong H1 update from Instem, with revenues increasing ~45% YoY, aided by the two acquisitions completed in the period and strong double-digit organic growth. The outlook remains positive, underpinned by buoyant market conditions and a strong pipeline of new opportunities. At its recent CMD, it was apparent how much bigger the TAM is that is now available to the enlarged group – an estimated ~£500m pa. Despite being market leader in many of the niches it serves, Instem’s overall market share i ....