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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Celadon Pharmaceuticals Plc | LSE:CEL | London | Ordinary Share | GB00BDQYGP38 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.50 | 2.52% | 61.00 | 57.00 | 65.00 | 61.00 | 59.50 | 59.50 | 12,246 | 14:00:11 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Investment Advice | 149k | -7.14M | -0.1082 | -5.64 | 39.26M |
RNS Number:9853B Celsis International PLC 14 August 2007 CELSIS INTERNATIONAL PLC ("Celsis", "the Company" or "the Group") Interim Management Statement 14 August 2007: Celsis International plc, the life sciences products and laboratory services company, today provides its first Interim Management Statement for the quarter ended 30 June 2007, as required by the UK Listing Authority's Disclosure and Transparency Rules. The Group has seen a strong start to the year and is in line with the Board's expectations. Each division of Celsis continues to perform well and core markets in all of these areas remain robust. The Analytical Services division, which provides outsourced laboratory testing services, has seen a good first quarter across all segments of this business. The order book remains strong and this division is well placed to continue to deliver further solid revenue growth as the markets for our products and services continue to expand. The Rapid Detection division, which provides testing systems to more rapidly detect microbial contamination, is building strength with instrument sales increasing and reagent sales remaining strong. Celsis anticipates that this division's new nucleic acid-based testing systems will start to be tested by customers as part of its product development activity by the calendar year end. The integration of the In Vitro Technologies division (IVT), which helps accelerate drug development by providing in vitro testing products and development services, remains on track. Celsis has seen solid growth from this business during the first quarter of the year and is confident that this will continue. The IVT service business, Development Services, is now fully managed by the Analytical Services division and focus in this area will be maintained to maximise cross selling opportunities and synergies. The Group's strong financial position has recently been helped by an accelerated payment of $2.2 million in June 2007 which reduces Celsis' remaining bank loan, from the acquisition of In Vitro Technologies, to $7.5 million. Celsis will continue to invest in its existing and new business areas as well as identifying new opportunities beyond its current product and service offerings. Overall, the Group has seen a very encouraging first quarter and the Board is highly satisfied with the Company's progress to date and looks forward to a good first half year. Enquiries: Celsis International plc Tel: 01223 598 428 Jay LeCoque, Chief Executive Officer Jenny Parsons, Corporate Communications Financial Dynamics Tel: 020 7831 3113 Ben Atwell David Yates Notes to editors Celsis International plc Celsis International plc is a world leading provider of innovative life science products and laboratory services to the pharmaceutical, biopharmaceutical, and consumer products industries through its three business areas; rapid detection, analytical and drug development services and ADME-Tox in vitro technologies. The company is listed on the London Stock Exchange (CEL.L). Each division of Celsis International plc has the capacity to deliver substantial time and cost savings to its customers, in addition to ensuring product quality and safety for consumers. Using proprietary technology, the Celsis Rapid Detection division provides diagnostic systems for the rapid detection of contamination. These systems provide significant economic value by reducing the time it takes to test and release raw materials, in process and finished goods to market. Celsis Analytical Services division provides cost effective outsourced laboratory testing services to pharmaceutical and biopharmaceutical companies. Its comprehensive service offerings include a full spectrum of laboratory services from drug development and discovery to analytical chemistry and biological sciences to stability storage and testing. Celsis In Vitro Technologies (Celsis IVT) supplies in vitro testing products to the pharmaceutical and biotechnology industries. IVT's in vitro products screen drug compounds early in the discovery process, thereby reducing the time and cost of drug development. Further information can be found on its website at www.celsis.com. This information is provided by RNS The company news service from the London Stock Exchange END IMSGUURARUPMGPW
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