Integumen Plc reports 290% jump in H1 2020 revenue

1 min read | September 18, 2020 01:10 PM BST | By Team Kalkine Media

Integumen Plc (LON:SKIN) has released its results for the six months ended 30 June 2020.

  • COVID-19 presented a considerable growth of new business opportunities for the company and its unaudited revenues were up 290 per cent for H1 2020 to £1.004 million as compared to £0.347 million for H1 2019.
  • The company is expecting the Q3 sales to be more than £1million and guidance remaining at £4million for 2020.
  • Post period, on 29 July 2020, the company secured a £3 million 3-year loan facility secured from Riverfort Global Opportunities PCC Limited.
  • On 18 September 2020, at the time of writing, GMT 10:25 AM, SKIN shares were trading at GBX 35.50, unchanged against the previous day closing price.

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