image

The best stocks to buy since 1993

Our latest issue will be released in 12 days, don't miss out!

Clinigen - Company reassures investors with trading update

August 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • CLIN
  • Price:
  • 369p
A reassuring statement from Clinigen, which has said it expects to report sales growth of 7% and EBITDA growth of 17%, implying £126m and £26.2m, respectively. These are ahead of consensus forecasts.     If truth be told, Clinical Trial Supply (CTS) is the division that has induced some nervousness amongst investors. Revenues are volatile and gross margins differ from contract to contract and last year had seen a pile of low margin anti-viral studies, which had inflated the top line and will not to be repeated this year. That said, Clinigen said revenues grew 11% in H2 compared to H1. Speciality Pharmaceuticals grew more than 10%, benefiting from a full years ownership of Cardioxane and a small contribution from newly acqui ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe