Inactive Instrument

Ergomed

Equities

ERGO

GB00BN7ZCY67

Biotechnology & Medical Research

Ergomed notes "good start" to year amid revenue growth

June 22, 2023 at 01:22 pm EDT

Ergomed PLC - Guildford, England-based company providing specialised services to the pharmaceutical industry - Reports a "good start" to the year, with solid overall growth in revenue. Expects results for the full-year to be in-line with market expectations. Notes it has continued to invest in its commercial expansion, infrastructure, and platform. Says the investment has been primarily in its North American commercial capabilities, its senior leadership presence and in technology. Says it is "actively" seeking and assessing potential acquistions. Remains in "robust" financial position, debt free and with a strong balance sheet.

Current stock price: 979.00 pence, closing 7.6% higher in London on Thursday

12-month change: up 2.7%

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Ergomed

Ergomed Delists From London Stock Exchange	Nov. 14	MT
Permira Advisers Ltd. completed the acquisition of Ergomed plc from Amati Global Investors Ltd. and others.	Nov. 12	CI
Milton plans energy focus; Guild completes fund raise	Nov. 09	AN
UK Court Clears Permira's Ergomed Purchase	Nov. 09	MT
Ergomed says conditions satisfied for Permira takeover	23-10-27	AN
Permira's Takeover of Ergomed Nears Completion	23-10-27	MT
Ergomed's Takeover by Permira Advisers Expected to Take Effect mid-November	23-10-23	MT
Ergomed Shareholders Back Eden AcquisitionCo's Bid	23-10-13	MT
Ergomed plc acquired Panacea Pharma Projects Limited from Stuart Colligon.	23-10-09	CI
The FTSE 100 Closed Up as UK Retail Sales, Consumer Confidence Data Offers Economic Hope	23-09-22	DJ
Ergomed first-half profit firms ahead of agreed takeover by Permira	23-09-22	AN
Ergomed Posts Flat H1 Profit; Revenue Rises	23-09-22	MT
Earnings Flash (ERGO.L) ERGOMED Posts H1 Revenue GBP76.7M	23-09-22	MT
Ergomed plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-22	CI
FTSE 100 Closes Modestly Lower on Asia Caution	23-09-04	DJ
Stocks wilt after early promise with US closed	23-09-04	AN
British Land Shares Lack Drivers as City Valuations Dip	23-09-04	DJ
ANALYST RECOMMENDATIONS : Ergomed, Dollar general, Salesforce, Citigroup, Goldman Sachs...	23-09-04
AIM WINNERS & LOSERS: Physiomics brings in COO; Ergomed receives bid	23-09-04	AN
Ergomed agrees GBP700 million takeover by Permira	23-09-04	AN
Stocks lifted by hopes for US rate pause	23-09-04	AN
Ergomed Agrees GBP703 Million Takeover by Permira Funds	23-09-04	MT
CMC names new CFO; takeover offer for Ergomed	23-09-04	AN
Permira Advisers Ltd. entered into a scheme of arrangement to acquire Ergomed plc for approximately £700 million.	23-09-03	CI
FTSE 100 Closes Tuesday Up 0.2% Lifted by Unilever, Miners	23-07-25	DJ

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Company Profile

Ergomed PLC is a United Kingdom-based company that is primarily focused on providing specialized services to the biopharmaceutical industry. The Company operates through two segments: Clinical Research Services (CRO) and Pharmacovigilance (PV). Its CRO segment is the process of developing medical therapies, drugs and knowledge for safe use in healthcare. Its PV segment is engaged in the activities relating to the detection, understanding and prevention of adverse effects or other drug-related problems throughout its lifecycle. The Company serves over 100 countries. It operates in North America, United Kingdom and Europe, Middle East and Africa, and Asia. The Companies subsidiaries include PrimeVigilance Inc., PrimeVigilance USA Inc., PrimeVigilance s.r.o., PharmInvent regulatory s.r.o., PrimeVigilance Japan K.K., Haemostatix Limited and Sound Opinion Limited.

Sector

Biotechnology & Medical Research

Calendar

2024-09-23 - Q2 2024 Earnings Release (Projected)

More about the company

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