TIDMIDH
RNS Number : 4157P
Immunodiagnostic Systems Hldgs PLC
25 March 2009
?
Immunodiagnostic
Systems Holdings PLC
("IDS" or the "Group")
Trading Update
IDS, a leading producer of diagnostic testing kits, announces that revenue for
the year ending 31 March 2009 is expected to be circa 43% ahead of last year's
numbers (y/e 31 March 2008: GBP18.66m). Revenue on a continuing operations basis
is expected to increase by circa 47%, with revenue from the divested haematology
business for the 9 month period to 31 December 2008 amounting to GBP2.45m
(y/e 31 March 2008: GBP2.19m).
Costs remain under control and trading in all of the Group's main territories
has increased year on year as well as across the Group's key products. Sales
into the USA, France and Germany have seen significant growth this year.
Profits before tax prior to a net exceptional gain for the year ending 31 March
2009 are expected to be in line with expectations.
Prospects for the new financial year look good, as we build upon the launch of
our new IDSiSYS automated analyzer as announced on 2 March 2009. We will provide
a further update on progress for the IDSiSYS and the development of further
analytes when the Group announces its year end results in June 2009.
Enquiries:
+--------------------------------+--------------------------------------+
| IDS | Tel: 0191 519 0660 |
+--------------------------------+--------------------------------------+
| Roger Duggan, CEO | |
+--------------------------------+--------------------------------------+
| Paul Hailes, Finance Director | www.idsplc.com |
+--------------------------------+--------------------------------------+
| | |
+--------------------------------+--------------------------------------+
| Parkgreen Communications Ltd | Tel: 020 7933 8787 |
+--------------------------------+--------------------------------------+
| Paul McManus | Mob: 07980 541 893 |
+--------------------------------+--------------------------------------+
| | paul.mcmanus@parkgreenmedia.com |
+--------------------------------+--------------------------------------+
| | |
+--------------------------------+--------------------------------------+
| Oriel Securities Ltd | Nominated Advisor and joint broker |
+--------------------------------+--------------------------------------+
| Richard Crawley or Gareth | Tel: 020 7710 7600 |
| Price | |
+--------------------------------+--------------------------------------+
| | |
+--------------------------------+--------------------------------------+
| Teathers | Joint broker |
+--------------------------------+--------------------------------------+
| Shaun Dobson | Tel: 020 7426 9582 |
+--------------------------------+--------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
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