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Coronavirus impact: 30 March - a hint of resilience

30/03/2020 · Alpha FX Group PLC (AFX)  · Bioventix PLC (BVXP)  · Flowtech Fluidpower Plc (FLO)  · James Latham (LTHM) 

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The week has started with yet more dividend postponements and cancellations but also some fabulous results from one of the most resilient companies on the stock market.

Bioventix: reliability shines through

Bioventix (LON:BVXP), the developer of high-affinity monoclonal antibodies for applications in clinical diagnostics, has announced excellent interim results for the six months ending 31 December 2019. Revenue rose 21% to £5.3m and pre-tax profit was up 31% to £4.3m. The operating cash inflow was £4m with period end cash £5.5m - cashflows are crucial companies attempt to battle a the period of lockdown.

But Bioventix isn't facing as many challenges as other companies…

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