Hardman & Co: 2018: 1H'18 preview: organic plus inorganic growth
TRX has a broad portfolio of regenerative medicine products for the biosurgery, orthopaedics, dental and cardiac markets. The company has two proprietary decellularised technology platforms for the repair of tissues and bone. 2017 was a dynamic year for the group, growth being boosted by the acquisition of CellRight Technologies in August, which was borne out by the 2017 full-year results. In anticipation of the 2018 interim numbers, expected in September, we outline our forecasts for reported and pro forma sales growth. This is intended as a preview for investors, to clarify the impact of both organic and inorganic growth.
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