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Ergomed deliver double digit revenue growth as well as operational progress

  • 27 Jul 21

Ergomed deliver double digit revenue growth as well as operational progress

Ergomed deliver double digit revenue growth as well as operational progress


Ergomed PLC | ERGO | 1,042 38.0 0.4%
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Ergomed PLC's (LON:ERG) Richard Barfield delivers the company's trading update for the first half of 2021. 

Among the highlights include total revenues for the period of £56.0 million, up from £40.4 million for the same period last year, an increase of 38.8%. 

As well as delivering strong results and operational progress during the first half of the year, the firm has concluded their transition to a services-based business model and rapidly integrated recent acquisitions as Barfield explains. 

Growth in the pharmacovigilance business has continued and the CRO business saw a substantial revenue increase supported by the recent US acquisition.

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