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Collagen Solutions PLC

'We're pleased and on track with where we think we need to be' - Collagen Solutions' Jamal Rushdy

Jamal Rushdy, chief executive of Collagen Solutions (LON:COS) caught up with Proactive to run through the firm's preliminary results for the year to the end of March.

Rushdy puts their solid revenue growth down to a number of areas - ''We put up £4.1 mln in revenue and other income, that's about a 26% growth rate over the prior year''.

''We're seeing a number of areas, all in our core business, some of it's in our core collagen and development products but we've seen an uptick in tissue …so it's coming across a balanced set of our portfolio and geographies'', Rushdy adds.

''We're pleased … we're right on track with where we think we need to be''.

Quick facts: Collagen Solutions PLC

Price: £0.04

Market: LSE
Market Cap: £16.64 m
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Collagen Solutions sees clear path to profitability as commercial...

Collagen Solutions PLC's (LON:COS) Jamal Rushdy and Hilary Spence talk Proactive London's Andrew Scott through the firm's results for the year ended 31 March 2019. Revenues were up 22% in the year at £4.5mln, while its loss narrowed by just under £500,000 to £1.22mln. The core...

on 11/7/19

2 min read