There are no real surprises in Microsaic’s interim results which reflect the difficult trading conditions it alluded to in its trading statement in June. Revenues for the year are expected to be significantly below 2016 but due to tight cost control, losses should be broadly similar year on year. On a more positive note, the change in focus towards the much larger and more attractive bioprocessing market is gaining traction, with global partners engaged and co-funding R&D. Whilst lead times are ....
28 Sep 2017
N+1 Singer - Microsaic Systems - Difficult H1, but new focus showing +ve signs
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N+1 Singer - Microsaic Systems - Difficult H1, but new focus showing +ve signs
Microsaic Systems plc (MSYS:LON) | 1.2 0 0.0% | Mkt Cap: 0.12m
- Published:
28 Sep 2017 -
Author:
Tintin Stormont -
Pages:
4
There are no real surprises in Microsaic’s interim results which reflect the difficult trading conditions it alluded to in its trading statement in June. Revenues for the year are expected to be significantly below 2016 but due to tight cost control, losses should be broadly similar year on year. On a more positive note, the change in focus towards the much larger and more attractive bioprocessing market is gaining traction, with global partners engaged and co-funding R&D. Whilst lead times are ....