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Omega Diagnostics Group PLC 4P (ODX)

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14-Jul-2020 07:45 AM

Omega Diagnostics swings to loss on allergy unit writedown

Disease test kit supplier Omega Diagnostics swung to a full-year loss on the back of a writedown of a discontinued allergy operation. Pre-tax losses for the year through March amounted to £6.8m, compared to a profit of £1.0m on-year, as reven
02-Dec-2019 07:26 AM

Omega Diagnostics swings to loss after exiting infectious disease, German businesses

Disease and allergy test kit supplier Omega Diagnostics swung to a first-half loss after it sold its legacy infectious disease division and closed its German and Indian manufacturing facilities. Pre-tax losses for the six months through September amounte
22-Oct-2019 07:45 AM

Omega Diagnostics sees underlying revenue rising 5% in first half

Disease and allergy test kit supplier Omega Diagnostics said it expected to post a 5% rise in first-half sales from continuing operations. Revenue for the six months through September was seen falling 15% to £4.5m, including operations recently exi
23-Sep-2019 07:55 AM

Omega Diagnostics swings to profit after exiting Germany, India operations

Disease and allergy test kit supplier Omega Diagnostics swung to a full-year profit after it discontinued operations in Germany and India and sold its legacy infectious diseases business. Pre-tax profit for the year through March amounted to £1.18m
16-Aug-2019 01:23 PM

Omega Diagnostics delays results release; expects to post annual loss

Disease and allergy testing kit provider Omega Diagnostics said it would delay the release of its annual results until September, while warning it expected to post a loss for the period. The company said it needed further time to 'gain clarity regar
17-Apr-2019 07:53 AM

Omega Diagnostics forecasts annual loss as sales slide

Omega Diagnostics said it expected to post a full-year loss amid a fall in sales. Adjusted pre-tax losses for the year through March would amount to £0.3m, narrowing from £0.7m of losses on-year, the company said. Revenue was seen falling 28
03-Dec-2018 08:34 AM

Omega Diagnostics profit propped up by asset sale as revenue slips

Medical diagnostics kit supplier Omega Diagnostics reported a rise in first-half profit after proceeds from the sale of its legacy infectious diseases business offset falling revenue. Pre-tax profit for the six months through September amounted to £
10-Oct-2018 02:37 PM

Omega Diagnostics revenue falls 27% after loss-making units jettisoned

Omega Diagnostics said its revenue fell 27% in the first half after it discontinued two loss-making businesses. Revenue declined to £5.2m. On a like-for-like basis, it fell 7%. Pre-tax profit was in line with expectations, the company added, witho
06-Aug-2018 07:44 AM

Omega Diagnostics swings to loss as sales slip, German unit closes

Disease and allergy testing kit supplier Omega Diagnostics swung to an annual loss after sales slipped and it placed its German allergies unit into administration. Pre-tax losses for the year through March amounted to £7.27m, compared to a profit o
10-Apr-2018 08:04 AM

Omega downgrades guidance, struggles to sell loss-making German, Indian assets

Medical diagnostics group Omega downgraded its annual financial guidance and said it was attempting to sell loss-making businesses in Germany and India without much success. The company said it expected to post a pre-tax loss of around £0.7m, not i
21-Dec-2017 08:09 AM

Omega extends Allersys menu

Omega, the medical diagnostics company, has CE-Marked an additional eight allergens to extend its menu to 49 allergens. The investment on developing the Allersys product range is being supported by the research and development grant of up to £1.8 m
14-Dec-2017 09:30 AM

Broker Forecast - finnCap issues a broker note on Omega Diagnostics Group PLC

finnCap today reaffirms its corporate investment rating on Omega Diagnostics Group PLC (LON:ODX) and cut its price target to 27p (from 30p). Story provided by StockMarketWire.com...
14-Dec-2017 09:22 AM

Omega CEO steps down

Omega Diagnostics' Andrew Shepherd has agreed to step down as chief executive officer and from the board with immediate effect. He will remain with the group in the role of global ambassador- life president. He will be succeeded by Colin King, cur
14-Dec-2017 09:03 AM

Omega revenue up 4%

Omega Diagnostics, the medical diagnostics, increased its revenue by 4% to £7.11m in the six months ended 30 September. Food Intolerance revenue increased by 8% to £4.13m and Food Detective grew by 2% to £0.95m. Allergy/Autoimmune rev
23-Oct-2017 08:10 AM

Omega Diagnostics expects 4% revenue rise

Omega Diagnostics Group said it expects first-half revenue to increase by 4% to £7.11m on-year. In constant currency terms, however, revenue growth will be flat, it said. Profit before tax -- before share-based payments, IFRS-related discount unwi
29-Aug-2017 02:31 PM

All resolutions passed at AGM of Omega Diagnostics

Omega Diagnostics Group has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 2:31pm: (LON:ODX) Omega Diagnostics Group PLC share price was -0.13p at 22.5p Story provided by StockMarketWire.com...
17-Jul-2017 02:24 PM

Omega updates on Open Offer

Omega Diagnostics Group has confirmed that it has received valid applications under the recently announced Open Offer of 3,854,844 shares from qualifying shareholders. It said this represents approximately 67.4% of the Open Offer shares. Qualifying shar
06-Jul-2017 01:26 PM

Omega updates on sale and leaseback agreement

Omega Diagnostics Group said it has concluded the sale and leaseback of the building owned by its wholly owned subsidiary, Omega Diagnostics GmbH, and will receive gross proceeds of €800,000. The Company added that it has simultaneously entered into
30-Jun-2017 04:20 PM

Broker Forecast - finnCap issues a broker note on Omega Diagnostics Group PLC

finnCap today reaffirms its corporate investment rating on Omega Diagnostics Group PLC (LON:ODX) and raised its price target to 30p (from 28p). Story provided by StockMarketWire.com...
30-Jun-2017 01:25 PM

Omega successfully raises £2.6m

Omega Diagnostics has announced that the Company has raised a total of £2.6m (before expenses) with new and existing investors of 13,116,881 Placing Shares and 1,166,666 Subscription Shares at a price of 18p per share. At 1:25pm: (LON:ODX) Omega
25-Apr-2017 07:45 AM

Omega Diagnostics sees FY adj. pretax profit at £1.1m

Omega Diagnostics says its FY results will be in line with market views, with revenues seen at £14.3m and adjusted profit before tax at £1.1m. "We have reached a significant milestone in achieving design freeze with our VISITECT CD4 deve
21-Nov-2016 07:32 AM

Omega Diagnostics improves H1 pretax profit

Omega Diagnostics has improved its H1 pretax profit to £305,447, from £177,360. Revenue was £6.8m, from £6.1m. Chair David Evans commented: "We have made good progress on our key Visitect CD4 development project and we have
27-Jun-2016 07:40 AM

Omega pre-tax profit down to £1.35m

Medical diagnostics firm Omega (ODX) said its full year pre-tax profit dropped from £1.37 million to £1.35 million. Omega is one of the UK's leading companies in the fast growing area of food intolerance, operating in markets supplying t
21-Apr-2016 07:47 AM

Omega Diagnostics sees FY results in line with views

Omega Diagnostics said its FY results will be in line with market expectations. Revenues for the year are seen at GBP12.7m and adjusted profit before tax will be in the range of GBP1.2m to GBP1.3m. Revenue of GBP12.7m would be 6% ahead of last year in co
30-Nov-2015 07:41 AM

Omega Diagnostics' H1 pretax profit slips

Omega Diagnostics has posted an H1 pretax profit of GBP177,360, from a profit of GBP208,418. Revenue was GBP6.1m, from GBP5.7m. The performance was in line with management's expectations, the company said. Story provided by StockMarketWire.co
 
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