Shares in Ferraris Soar by Over 6pc

Summary


Shares in medical diagnostics group Ferraris - which has moved its headquarters from Solihull to the centre of Birmingham - leapt more than six per cent yesterday after it posted increased sales and operating profits for the year to August 31.

Sales jumped from pounds 65.1 million to pounds 72.9 million. Operating profits - before goodwill amortisation and exceptional costs - rose from pounds 6.2 million to pounds 6.6 million.

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Extract


Shares in Ferraris Soar by Over 6pc

During the year Ferraris disposed of its major life science companies to focus on its medical diagno...

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