Abcam plc Announces Unaudited Trading Update Ahead of Its Results for the Six Months Ended 31 December 2017; Provides Revenue Guidance for the First Half and Full Year of 2018
Business in China continues to operate well and expect revenue growth of over 24% in the first half, ahead of the market growth rate in the territory.
Overall, The company expects to report revenue growth for the first half of approximately 11% on a constant currency basis and approximately 10% on a reported basis. The company remain on track to deliver against constant currency revenue growth target of around 10% for the full year.