Instem’s trading update for the year ending Dec-15 caps a strong year for the group and should be well received. The outlook remains positive both in terms of the general market backdrop, which is undergoing a robust recovery, and specifically Instem’s position within it. Recurring revenue (representing at least £9.6m of the c. £15.8m total for the year) continue to increase and the order backlog entering the new year is healthy. We continue to see potentially material upside over the next few y ....
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
In line FY trading update
- Published:
13 Jan 2016 -
Author:
Chris Glasper -
Pages:
3
Instem’s trading update for the year ending Dec-15 caps a strong year for the group and should be well received. The outlook remains positive both in terms of the general market backdrop, which is undergoing a robust recovery, and specifically Instem’s position within it. Recurring revenue (representing at least £9.6m of the c. £15.8m total for the year) continue to increase and the order backlog entering the new year is healthy. We continue to see potentially material upside over the next few y ....