PolyNovo: Achieves record sales in September quarter

PolyNovo Achieves record sales in September quarter

  • PolyNovo (PNV) reports a 73.3 per cent year-on-year increase in unaudited sales to $12.5 million for the September quarter
  • The company reported unaudited total sales of $12.5 million for the September quarter — a 73.3 per cent increase compared to the same time last year
  • In addition to this increase, the medical device company also recorded its highest-ever monthly sales result of $5.4 million for the month of September
  • CEO Swami Raote says the growth reflects the consistent outcomes and better patient experiences from the company’s NovoSorb BTM product, which helps regenerate skin after burns or surgery
  • PNV shares are up 19.5 per cent to trade at $1.75 at 3:13 pm AEDT
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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