Collagen Solutions has released its trading update for the six month period to 30 Sep 2017. Revenue and other income are expected to be £1.86m in the period, impacted by specific issues, some of which will reverse in the second half. As mentioned with the August AGM statement the company expects growth to be weighted to the second half of FY18, pointing to the quality and scale of its sales pipeline. At this time we have conservatively lowered our revenue expectations. We maintain our Buy recomm ....
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Trading Update
- Published:
27 Oct 2017 -
Author:
Chris Donnellan -
Pages:
6
Collagen Solutions has released its trading update for the six month period to 30 Sep 2017. Revenue and other income are expected to be £1.86m in the period, impacted by specific issues, some of which will reverse in the second half. As mentioned with the August AGM statement the company expects growth to be weighted to the second half of FY18, pointing to the quality and scale of its sales pipeline. At this time we have conservatively lowered our revenue expectations. We maintain our Buy recomm ....