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BRIEF-BTG sees double-digit product sales growth in medium term
May 16, 2017 / 6:13 AM / 4 months ago

BRIEF-BTG sees double-digit product sales growth in medium term

May 16 (Reuters) - Btg Plc

* Fy revenue 570.5 million stg

* Are well positioned to capture further value in growing interventional medicine space and to deliver sustained business growth

* Adjusted operating profit up 13% at CER in 2016/17

* Strong financial position with £155.5m of cash at 31 March 2017

* IFRS operating profit and IFRS EPS impacted by previously announced legal settlement (£28.0m)

* Expect to see product sales at mid-to-high teens percentage growth

* Looking beyond 2017/18, we expect to deliver continued double-digit product sales growth Source text for Eikon: Further company coverage: (London newsroom)

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