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Oncodesign Records Positive Profitability for the Second Straight Year and Doubles Its Operating Profit Within the Context of the Global Health Crisis


Oncodesign Records Positive Profitability for the Second Straight Year and Doubles Its Operating Profit Within the Context of the Global Health Crisis
Net profit of €2.1 million (+30%)
Service revenue holds up and substantial improvement in Service BU EBITDA to 11.4%
Operating income of €38.5 million (-3%), driven by 2020 Group revenue of €25.5 million (-5%), following exceptional growth of +34% in 2019
Cash position of €28.8 million, including €15.9 million in State-Guaranteed Loan funding
R&D efforts maintained, representing 40% of annual revenue
Regulatory News:
ONCODESIGN (ALONC FR0011766229) (Paris:ALONC), a biopharmaceutical group specialized in precision medicine, announces its FY 2020 financial results and its outlook for 2021 and beyond.
Philippe GENNE, Oncodesign s Chairman and Chief Executive, says ....

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