Extension to Annual Report & Accounts Publication
("InnovaDerma" or the "Company")
Extension to Annual Report and Accounts publication deadline
InnovaDerma (LSE: IDP) expects to announce its audited results to 30 June 2021 in December 2021. This represents an extension to the usual timetable following the granting by the Financial Conduct Authority of a temporary relief to the reporting deadline. This is due to the impact of Covid-19 lockdowns in the UK, Australia and Philippines, and timely access to information from the Company's previous auditors.
The Company confirms the headline financials for the year ended 30 June 2021 remain unchanged from those announced on 8 July 2021. The focus remains on higher gross margins, enhanced new product development pipeline and stronger cost control as Innovaderma transitions to sustainable, profitable growth.
Trading remains in line with market expectations for the year ending 30 June 2022.
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Geoff Nash/Kate Bannatyne
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Shan Shan Willenbrock/
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