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VENN Venn Life Sciences Holdings Plc

6.85
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Venn Life Sciences Holdings Plc LSE:VENN London Ordinary Share GB00B9275X97 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.85 6.70 7.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Venn Life Sciences Holdings PLC Half year end update (5675L)

20/07/2017 7:00am

UK Regulatory


Venn Life Sciences (LSE:VENN)
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From Apr 2019 to Apr 2024

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TIDMVENN

RNS Number : 5675L

Venn Life Sciences Holdings PLC

20 July 2017

Venn Life Sciences Holdings Plc

("Venn" or the "Company" or the "Group")

Half year end update

Venn Life Sciences (AIM: VENN), a growing Contract Research Organisation providing drug development, clinical trial management and resourcing solutions to pharmaceutical, biotechnology and medical device clients, provides the following update for the six months ended 30 June 2017.

The new financial year started well with contract wins of EUR5.7m secured in January and February, as previously announced. Overall, the Company has achieved total revenues of EUR9.1m (H2 2016 EUR8.84m) for the first six months of the year. Our client and revenue mix remains well balanced with strong rates of repeat business and we have successfully delivered initial cross sales between the early and late phase client bases. We have a strong proposals book which coupled with this solid first half performance provides confidence around full year revenue expectations. We finished the first half year with a cash position of EUR2.9m (EUR1.75m as at 30 June 2016).

Enquiries:

 
  Venn Life Sciences Holdings 
   Plc 
  Allan Wood - Non executive                                                 Tel: +44 7785 325898 
   Chairman 
  Tony Richardson, Chief Executive                                           Tel: +353 154 99 341 
   Officer 
 
  Davy (Nominated Adviser, ESM 
   Adviser and Joint Broker) 
  Fergal Meegan / Matthew DeVere                                             Tel: +353 1 679 6363 
   White (Corporate Finance) 
 
 
  Hybridan LLP (Co-Broker) 
  Claire Louise Noyce                                                         Tel: +44(0) 20 3764 
                                                                                             2341 
 
  Walbrook PR Ltd                                  Tel: +44(0)20 7933 8787 or venn@walbrookpr.com 
  Paul McManus                                                               Mob: +44(0) 7980 541 
                                                                                              893 
  Lianne Cawthorne                                                           Mob: +44(0) 7584 391 
                                                                                              303 
 
 

About Venn Life Sciences:

Venn Life Sciences is a Clinical Research Organisation providing clinical trial management and resourcing solutions to pharmaceutical, biotechnology and medical device organisations. With dedicated operations in France, Germany, the Netherlands, the UK, Ireland and Europe wide representation - Venn specialises in rapid deployment and management of multisite projects.

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTGGUGWMUPMPUB

(END) Dow Jones Newswires

July 20, 2017 02:00 ET (06:00 GMT)

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