LiDCO Group plc Provides Earnings Guidance for the Year Ended January 31, 2015; Announces Sales Results for the Year Ended January 31, 2015
The company also reported that its product sales (excluding third party products) were down slightly at £6.63 million in fiscal 2015 compared to £6.87 million in fiscal 2014, overall sales of high margin surgical disposables increased by 5% to £3.23 million compared to £3.08 million a year ago. International sales were up 8.5% to £2.67 million compared to £2.46 million in 2014, including a significant uplift of 29% in the US and 76% in ROW (excluding Japan). The performance in Japan continues to be disappointing and the Company is reviewing its exclusive distribution arrangements whilst making good progress in registering the non-invasive product.