2023-07-06 12:57:04 ET
- Abcam Plc ( NASDAQ: ABCM ) estimates more than £203M (+10% Y/Y) in revenue for 1H23 and more than 26% in adj. operating profit.
- The Company is reiterating FY23 revenue guidance of £420 million to £440 million, representing 15% to 20% constant exchange rate revenue growth and adjusted operating profit margins of 27% to 28% with expected adjusted EBITDA margins of 36.5% to 37%.
- The Company is reiterating 2024 reported revenue outlook of £475 million to £525 million, adjusted operating profit margins of 32% to 36%, and adjusted EBITDA margins of 42% to 46%.
- Source: Press Release
For further details see:
Abcam reports 1H trading update. backs FY23 and FY24 guidance