Novacyt S.A. PLACED IN TECHNOLOGY FAST 500 EMEA AWARDS
January 02 2018 - 2:00AM
RNS Non-Regulatory
TIDMNCYT
Novacyt S.A.
02 January 2018
FOR THE THIRD YEAR RUNNING NOVACYT IS PLACED IN THE TECHNOLOGY
FAST 500 EMEA AWARDS
Paris, France and Cambridge, UK - 2 January 2018 - Novacyt
(EURONEXT GROWTH: ALNOV; AIM: NCYT), an international specialist in
clinical diagnostics, today announces it has been ranked 135 in
Deloitte's Technology Fast 500(TM) EMEA. The awards rank 500
Technology, Media and Telecommunications companies with the highest
rate of growth in Europe, the Middle East and Africa (EMEA).
Novacyt has delivered strong revenue growth averaging 113%
between 2013 and 2016. In 2016, the Group generated revenues of
EUR11.1 million on a consolidated basis, representing annual growth
of 25%, with a 55% gross profit margin, which was an increase of
seven percentage points on the previous year.
Graham Mullis, Group CEO of Novacyt, commented:
"We are delighted to once again be placed in the Technology Fast
500 EMEA awards. This year Novacyt has received its highest ever
ranking. The commitment to our three core strategic pillars is
enabling us to deliver strong growth and puts us on a pathway to
sustainable profitability.
"I would like to thank all our employees for their dedication
and commitment in driving our business forward culminating in this
achievement and I look forward to updating shareholders of our full
year 2017 sales later this month."
- End -
About Deloitte Global's 2017 Technology Fast 500 EMEA
program
Deloitte Global's Technology Fast 500(TM) EMEA program is an
objective industry ranking focused on the technology ecosystem. It
recognizes technology companies that have achieved the fastest
rates of revenue growth in Europe, the Middle East, and Africa
(EMEA) during the past four years. The program is supported by
Deloitte Global's Technology Fast 50 initiatives, which rank
high-growth technology companies by location or specifically
defined geographic area, and are run by Deloitte Global's
Technology, Media & Telecommunications (TMT) industry group.
More information on the program is available at
www.deloitte.com/fast500emea
Now in its seventeenth year, the Technology Fast 500 program in
EMEA included over 18 countries, including Belgium, France,
Finland, Germany, Italy, the Netherlands, Turkey and the UK. This
year's winners were selected based on percentage fiscal-year
revenue growth from 2013 to 2016.
Sponsors of Deloitte Global's 2017 Technology Fast 500 EMEA
program are Euronext, a pan-European exchange that helps tech
companies finance growth and innovative projects through the stock
market; Oracle NetSuite, provider of cloud-based financials /
Enterprise Resource Planning (ERP), HR and omnichannel commerce
software that runs the business of companies in more than 100
countries; and Michael Page, recognized by clients and candidates
the world over as the leading specialist consultancy in permanent
recruitment, temporary staffing and interim management.
About Novacyt Group
The Novacyt Group is a rapidly growing, international
diagnostics group with a growing portfolio of cancer and infectious
disease products and services. Through its proprietary technology
platform, NOVAPrep(R), and molecular platform, genesig(R), Novacyt
is able to provide an extensive range of oncology and infectious
disease diagnostic products across an extensive international
distributor network. The Group has diversified sales from
diagnostic reagents used in oncology, microbiology, haematology and
serology markets, and its global customers and partners include
major corporates.
For more information please refer to the website:
www.novacyt.com
Contacts
Novacyt SA
Graham Mullis, Chief Executive Officer
Anthony Dyer, Chief Financial Officer
+44 (0)1223 395472
Stifel Nicolaus Europe Limited (Nominated Advisor and Joint
Broker)
Jonathan Senior / Fred Walsh / Ben Maddison
+44 (0)20 7610 7600
International
Brett Pollard / Victoria Foster Mitchell
FTI Consulting
+44 (0)20 3727 1000
brett.pollard@fticonsulting.com /
victoria.fostermitchell@fticonsulting.com
France
Arnaud de Cheffontaines / Astrid Villette
FTI Consulting
+33 (0)147 03 69 47 / +33 (0)147 03 69 51
arnaud.decheffontaines@fticonsulting.com /
astrid.villette@fticonsulting.com
This information is provided by RNS
The company news service from the London Stock Exchange
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