Brief: Novacyt Group Revenue For H1 2023 Expected To Be £3.3 Mln

Novacyt SA

27/07/2023 07:08

July 27 (Reuters) - Novacyt SA  ALNOV.PA :
    * HALF YEAR TRADING UPDATE
    * GROUP REVENUE FOR H1 2023 EXPECTED TO BE £3.3M OF WHICH
£0.5M
RELATES TO COVID-19 (H1 2022: £16.5M OF WHICH £13.0M RELATES TO
COVID-19)
    * H1 REVENUE FOR NON-COVID-19 PORTFOLIO OF £2.8M
REPRESENTING 85%
OF TOTAL REVENUES (H1 2022: £3.5M)
    * CASH POSITION AT 30 JUNE 2023 WAS £81.7M (H2 2022: £87.0M)
AND
GROUP REMAINS DEBT FREE
    * OPEX IN H1 2023 IS EXPECTED TO BE IN REGION OF £7.1M, A
REDUCTION OF C.13% VERSUS H2 2022, REFLECTING RESTRUCTURING
PLANS IMPLEMENTED IN Q4 2022

Source text for Eikon:  ID:nRSa3129Ha 
Further company coverage:  ALNOV.PA 

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