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Instem PLC reports 'solid' first half with all divisions performing well

Instem PLC's (LON:INS) Phil Reason tells Proactive London's Andrew Scott they've enjoyed a solid first half with all three parts of the business - data collection, informatics and regulatory solutions – performing well.

Total revenues grew by 11% to £11.7mln, while new software as a service income more than doubled to £1.1mln. 

Recurring sales, meanwhile, were £7mln.

Quick facts: Instem PLC

Price: 371 GBX

AIM:INS
Market: AIM
Market Cap: £60.46 m
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Instem PLC reports strong demand for its informatics services

Instem PLC's (LON:INS) chief scientific officer and head of its informatics arm Dr Gordon Smith Baxter tells Proactive London the value of new orders for the division has grown by 58% to £840,000. He says the firm's expansion into informatics is bringing them into contact with customers at an...

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