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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Innovaderma Plc | LSE:IDP | London | Ordinary Share | GB00BT9PTW34 | ORD EUR0.10 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 29.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMIDP
RNS Number : 5475G
InnovaDerma PLC
07 November 2018
LEI: 213800WRAP6W8VDL6B38
InnovaDerma PLC
("InnovaDerma" or the "Company")
Annual General Meeting Statement
InnovaDerma (LSE: IDP), a UK developer of life sciences, beauty and personal care products, will hold its Annual General Meeting today at 10.00am at finnCap Ltd, 60 New Broad Street, London EC2M 1JJ. At the meeting, Executive Chairman, Haris Chaudhry, will make the following statement:
"InnovaDerma is now at a strategic inflection point as exclusivity periods end for our flagship products and leading new retailers come on board in the coming months. Skinny Tan will be making its way into c.1,250 Boots stores from March 2019 in time for the commencement of the peak-tanning season and with Roots securing Tesco and Boots distribution, we expect the second half of the year to be disproportionally higher than in previous years given the phasing of new distribution. Our distribution channels will increase significantly this financial year as our UK retail store network grows from c.800 (FY2017) to c.2,400. We expect revenues for the first half of the financial year to be similar to last year and the full year is expected to be approximately GBP14m."
Further Enquiries
Innovaderma Haris Chaudhry/Joe Bayer +61 (0)3 9111 0071 finnCap Ltd +44 (0) 20 7220 Geoff Nash/Giles Rolls/Kate Bannatyne 0500 Tim Redfern/Alice Lane - Corporate Broking www.finncap.com TB Cardew Shan Shan Willenbrock Tom Allison + 44 (0)20 7930 Joe McGregor 0777
About InnovaDerma
InnovaDerma PLC (LSE: IDP) specializes in the research, manufacture and marketing of clinically proven products in life sciences, beauty and personal care products. InnovaDerma has presence in Europe, US, Australasia, Asia and Africa.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
November 07, 2018 02:00 ET (07:00 GMT)
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