Biome Technologies plc Announces Sales Results for the Third Quarter and Nine Months Ended September 30, 2015; Provides Earnings Guidance for the Full Year Ending December 31, 2015
This takes Group revenues for the nine months to September 30, 2015 to £3.3 million, 18% ahead of the prior year period (2014: £2.8 million).
Revenues and order flow in both divisions remain encouraging and the Board is now confident that Group revenues for the year ending 31 December 2015 will show a meaningful improvement against current market expectations, with a resultant reduced operating loss compared to these expectations.