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Instem PLC reports 'solid' first half with all divisions performing well

Instem PLC's (LON:INS) Phil Reason tells Proactive London's Andrew Scott they've enjoyed a solid first half with all three parts of the business - data collection, informatics and regulatory solutions – performing well.

Total revenues grew by 11% to £11.7mln, while new software as a service income more than doubled to £1.1mln. 

Recurring sales, meanwhile, were £7mln.

Quick facts: Instem PLC

Price: 510.001 GBX

AIM:INS
Market: AIM
Market Cap: £104.46 m
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Instem PLC has 'significant capital' to accelerate acquisition strategy...

Instem PLC's (LON:INS) Phil Reason tells Proactive London's Andrew Scott he's pleased with its first-half trading. He says the number's were in line with forecasts and momentum has continued into the second half. Revenues for the six months ended June 30, 2020, were up 20%, or 12% on a...

2 weeks, 1 day ago

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