hVIVO achieves record revenue and initiates dividend policy following successful year
–News Direct– hVIVO PLC (AIM:HVO) chief executive Yamin 'Mo' Khan discusses the company's record-breaking financial results in 2023 in an interview with Proactive's Stephen Gunnion. hVIVO announced a 16% year-on-year growth in revenue, reaching 56 million, with an EBITDA margin increase from 18.7% to 23.3%, surpassing prior guidance. The company's absolute EBITDA rose to 30 million, a 44% increase from the previous year. Khan attributed the success to hVIVO conducting more human challenge trials, leading to improved patient recruitment efficiency
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