Coronavirus impact: 29 Sept - more terrific news for this Covid tester and the UK population
News of a new antibody test and significant new supply agreement with the UK Department of Health and Social Care saw shares in the AIM quoted clinical diagnostic company covered here climb to new highs. With further potential in international markets there could be more good news to come.
Next Fifteen: impressive cash flowDigital communications group, Next Fifteen Communications (LON:NFC) issued resilient interim results for the six months ending 31 July 2020, although the headline numbers differ markedly from the statutory ones. Net revenues rose 6% to £126.2m, due to acquisitions, with adjusted profit up 20% to £20.7m. The statutory numbers resulted in a loss of £3.4m after a whopping £5m of finance expenses, £2m of restructuring costs and an £11m property impairment relating to 100,000 sq ft of space which is now deemed surplus to requirements - that seems a lot of surplus space for a business of…