Abcam sees first-half revenue up 10%

The company states: “First half 2023 estimated revenues grew approximately 10% on a reported basis or 5.5% on a constant exchange rate basis as compared to 20% growth on a constant exchange rate basis in the comparable prior period. Adjusted operating profit margin is up by approximately 300 basis points to greater than26% for the half. Total revenue and adjusted operating profit are trending in-line with first half and full year 2023 Board expectations. The company continues to see improvements in transactional Net Promoter Score, exiting H1 at +37 for June.”