Biotech firm sees revenues rise 28% in year of organic growth

AIM-listed biotech firm Benchmark Holdings has reported a strong financial year of organic growth, with revenues up 28% to £140m from £109m in 2016.

The Sheffield-based aquaculture health, nutrition and genetics business this morning announced its preliminary results for the year ended 30 September 2017. EBITDA stood at £10m; a rise from £9.2m in 2016. The firm's losses also reduced by 61%, from £18m in 2016 to £7m in 2017. Net debt rose to £23m; which was due to investment in production faci... For the full story register now for free or login below...