Acquisition InterestNIOX has announced it has received a possible 81p/share all-cash offer from Keensight Capital valuing the business at £322m.
Financial PerformanceNIOX's fiscal year trading update confirms another solid period of growth, with revenues increasing by 14% to £41.8 million, in line with consensus expectations.
Operational EfficiencyStronger-than-expected operational leverage saw adjusted EBITDA grow by 21% to £13.8 million, exceeding consensus estimates.