Very testing times for Abingdon Health

Abingdon Health (AIM: ABDX)

54p (51p-57p)

Mkt Cap £52m

Next Results: Finals to June

Abingdon Health (LSE: ABDX) not long ago reported its Interims to December which were in-line with expectations with an operating loss of £0.06m from revenue of £7.7m (up over 100% like for like) with a Gross Profit Margin of 40%. Since that report in early March todays  Trading Statement was a shock, as the finals to the end of June, are already expected to be‘substantially below expectations.’

It was reported that whilst each of the opportunities at the time of the int...

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