Omega Diagnostics (GB:CNSL) has released an update.
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Cambridge Nutritional Sciences PLC reported a significant improvement in its financials for the first half of 2024, with its adjusted EBITDA rising to £0.2m and a gross margin increase to 65.4%, despite a revenue dip to £4.1m. The company attributes these positive changes to enhanced operational efficiency and strategic focus on expanding its sales and marketing efforts, particularly in the UK and US markets. With a strong cash position and ongoing operational improvements, CNS is well-positioned for continued growth.
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