Deepverge FY revenues on track to meet guidance

Scientific research firm Deepverge gave investors an update on its revenue performance on Monday.

Deepverge said it remained on track to deliver on its full-year guidance of £4.0m, while amalgamated revenues, which includes income from the recently acquired Modern Water, was anticipated to be well above the £4.0m mark.

Chief executive Gerard Brandon said: "The presentation will reiterate the guidance for 2020, provide an update on sales, marketing, supply chain management of products and services under development for a post-Covid world and I look forward to the opportunities that are ahead for the enlarged group."

As of 0900 GMT, Deepverge shares were up 4.29% at 27.95p.