Optos in Pound(S)27m Sales Joy As New Vision Bears Fruit

The HeraldJuly 20, 2011

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Summary


SHARES in Optos rose 3% after the Scottish eye test technology specialist yesterday announced growth in sales which suggested its new strategy is working.

Dunfermline-base Optos grew revenues by 82% to $44.1 million (pound(s)27.6m) in the third quarter of the current financial year, compared with $24.2m (pound(s)15m) in the same period last time.

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Optos in Pound(S)27m Sales Joy As New Vision Bears Fruit

Analysts at Brewin Dolphin had expected third quarter revenues of $37m (pound(s)23m).

The growth in sales occurred against a ...

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