Trajan Group Holdings Ltd (AU:TRJ) has released an update.
Trajan Group Holdings Ltd faced significant industry challenges in FY24, including a destocking phase and a slowdown in the pharmaceutical sector, which affected their financial performance. Despite these hurdles, the company managed to keep net revenue within 5% of the previous year’s figure and returned to growth in the second half of the year. They are also advancing the commercialization of their disruptive technologies, expecting their Microsampling portfolio to break even by FY25.
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