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Bioventix’s sales smash expectations
Antibodies developer Bioventix (BVXP:AIM) achieved better than expected sales for its financial year to 30 June, up 31% to £7.2m. The results were particularly boosted by its Vitamin D antibody vitD3.5H10 for deficiency testing.
Full year earnings per share also beat expectations by 7%, which was driven by higher sales, gross margins and a lower tax charge.
Shareholders are being rewarded with a 40p per share special dividend, alongside a 31p normal dividend. (LMJ)