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Research >
Building momentum

  • 11 Jul 2017

Building momentum

  • Cenkos Securities
    • Chris Donnellan

    • 9 pages

Biotechnology image


 
Biotechnology image


Collagen Solutions has reported revenues of £3.95m (as previously announced) delivering growth of 26% for FY/17. Adjusted LBITDA for the year was £1.26m (versus Cenkos’ estimate £1.56m) with closing cash of £8.98m (Cenkos est. £8.32m). We believe the company has developed strong momentum during the year, developing new agreements and territories and has outlined its priorities for the year ahead including identifying high value customers, delivering its product pipeline and developing its Chines ....

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Building momentum

  • Published: 11 Jul 2017
  • Author: Chris Donnellan
  • Pages: 9
  • Cenkos Securities


Collagen Solutions has reported revenues of £3.95m (as previously announced) delivering growth of 26% for FY/17. Adjusted LBITDA for the year was £1.26m (versus Cenkos’ estimate £1.56m) with closing cash of £8.98m (Cenkos est. £8.32m). We believe the company has developed strong momentum during the year, developing new agreements and territories and has outlined its priorities for the year ahead including identifying high value customers, delivering its product pipeline and developing its Chines ....


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