Hardman Research: Diagnosing growth opportunities

RNS Number : 7909N

Omega Diagnostics Group PLC

31 October 2016

 

Hardman Research: Diagnosing growth opportunities

Diagnosing growth opportunities: Omega Diagnostics Group has an established core business providing high quality in vitro diagnostic tests within three core areas of competence - Food Intolerance, Allergy & Autoimmune, Infectious Disease - that are sold in over 100 countries. The group offers steady low single-digit growth which is profitable and cash generative. Investment in new products has seen the launch of a new panel of automated allergy tests and progress on Visitect for diagnosis of HIV. Given Omega's established position, the Board sees opportunities for an accelerated growth strategy.

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About Hardman & Co: For the past 20 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge.  Our focus is to raise companies' profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case.

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