Allergy Therapeutics has announced a trading update for the year ended 30 June 2016. Reported revenues are expected to be slightly ahead of consensus expectations at £48.5m (PGe £48.1m, FY15: £43.2m), reaffirming the strength of sales commentary made most recently within the company’s 27 June 2016 release. This represents a reported YOY growth rate of +12% despite the negative impact of the weakening Euro throughout most of FY16, and a constant currency growth rate of

13 Jul 2016
Panmure Morning Note 13-07-2016

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Panmure Morning Note 13-07-2016
Allergy Therapeutics plc (AGY:LON) | 8.0 0 0.0% | Mkt Cap: 381.3m
- Published:
13 Jul 2016 -
Author:
Dr Mike Mitchell -
Pages:
3 -
Allergy Therapeutics has announced a trading update for the year ended 30 June 2016. Reported revenues are expected to be slightly ahead of consensus expectations at £48.5m (PGe £48.1m, FY15: £43.2m), reaffirming the strength of sales commentary made most recently within the company’s 27 June 2016 release. This represents a reported YOY growth rate of +12% despite the negative impact of the weakening Euro throughout most of FY16, and a constant currency growth rate of