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Celsis on track
Mon, 01 Dec, 2008
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Celsis on track
Fri, 26 Sep 2008, 07:28:00
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Related Market Prices
Name
Value
Percent
Change
Celsis
156.00p
+0.00%
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Diagnostics kit specialist <b>Celsis</b> reports solid progress for the six months ended 30 September 2008, broadly in line within the board's expectations for revenue and profit growth. <br /><br />Celsis also remains on track to meet the board's full year expectations in delivering increases in both revenues and profits, as the markets for its products, particularly in its core businesses continue to expand, it said in an update.<br /><br />Celsis Rapid Detection, which provides testing systems to more rapidly detect microbial contamination, and Celsis In Vitro Technologies, which provides in vitro testing products to accelerate drug development, are both expected to finish the first half with double digit revenue growth. <br /><br />Analytical and Development Services, which provide outsourced laboratory services to the pharmaceutical industry, have seen a slower first half and are expected to complete the half slightly down against last year's H1 performances. The future of these businesses remains under review.
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