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VEC - Vectura News Story

164.8p -0.2  -0.1%

Last Trade - 17/09/21

Sector
Healthcare
Size
Mid Cap
Market Cap £987.7m
Enterprise Value £913.3m
Revenue £190.6m
Position in Universe 447th / 1781

BRIEF-Vectura Affirms FY Forecast, Proposed 50 Mln Stg Capital Return

Wed 17th July, 2019 7:21am
July 17 (Reuters) - Vectura Group PLC  VEC.L :
    * TRADING UPDATE
    * CONFIRMS ITS RESEARCH AND DEVELOPMENT INVESTMENT
PRIORITIES,
ANNOUNCES A PROPOSED £50 MILLION CAPITAL RETURN
    * OUR INTENTION TO RETURN £50 MILLION TO SHAREHOLDERS THIS
YEAR,
WITH BOARD CONTINUING TO REVIEW OUR CAPITAL ALLOCATION STRATEGY
ON A REGULAR BASIS
    * MADE A POSITIVE START TO TRADING DURING H1 2019, WITH
FLUTIFORM
PRODUCT SUPPLY REVENUES MAKING AN IMPORTANT CONTRIBUTION TO
GROWTH
    * RE-CONFIRM OUR FINANCIAL GUIDANCE AND OUTLOOK EXPECTATIONS
FOR
2019
    * MAINTAINS ITS FINANCIAL GUIDANCE AND OUTLOOK EXPECTATIONS
FOR
2019

Source text for Eikon:  ID:nRSQ7560Fa 
Further company coverage:  VEC.L 

 ((Reuters.Briefs@thomsonreuters.com;))
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