The growing Contract Research Organisation has published H1 June 2017 results. Despite the deferral of a late phase project into Q1 2018 VENN still managed to deliver 1% revenue growth to €9.15m and EBITDA growth of €0.414m. Growth was further held back by an underperformance of elements of the early-phase part of the business. However, infrastructure and systems are now largely complete and Venn is confident of its ability to execute new business opportunities leveraging its full d
12 Sep 2017
Growth achieved despite project deferral. Cleaner business now better positioned to execute.
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Growth achieved despite project deferral. Cleaner business now better positioned to execute.
hVIVO plc (HVO:LON) | 29.0 0 0.0% | Mkt Cap: 197.3m
- Published:
12 Sep 2017 -
Author:
Derren Nathan -
Pages:
6
The growing Contract Research Organisation has published H1 June 2017 results. Despite the deferral of a late phase project into Q1 2018 VENN still managed to deliver 1% revenue growth to €9.15m and EBITDA growth of €0.414m. Growth was further held back by an underperformance of elements of the early-phase part of the business. However, infrastructure and systems are now largely complete and Venn is confident of its ability to execute new business opportunities leveraging its full d