Published on: March 26, 2018

SEND motoring ahead

Instem has announced 2017 results in line with our forecasts and consistent with the January trading update. SEND continues to deliver strong commercial traction and the group’s other businesses are also performing well. Instem continues to demonstrate strong cost discipline, with 2018E financials set to benefit from £1.5m of annualised opex savings. Overall, a solid release and we make minor upward revisions to forecasts.

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