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Cryo-Save (LON: CRYO) report:Interim Results

August 26, 2010, Thursday, 16:50 GMT | 11:50 EST | 21:20 IST | 23:50 SGT
Contributed by Daniel Stewart & Company


By Daniel Stewart & Co

 

- Cryo-Save Group announced interim results this morning


- Revenue was up 5% to ?19.5 million


- Net profit came in at ?1.3 million


- The group closed the period with a cash position of ?5.9 million.


- Over 50% of new customers opted for a combined service of cord blood and cord tissue storage in the countries where it is offered


- Storage volumes grew by 13,300 samples, leading to a total number of samples stored of 135,000 samples.