SHARES in Fife-based optical imaging company Optos gained as much as 13.9% yesterday after it defied City sceptics by raking in $196.4 million (£123.2m) in revenue this year and posting a 15.9% rise in underlying pre-tax profit to $26.3m.
SHARES in Fife-based optical imaging company Optos gained as much as 13.9% yesterday after it defied City sceptics by raking in $196.4 million (£123.2m) in revenue this year and posting a 15.9% rise in underlying pre-tax profit to $26.3m.
VISION: Roy Davis, Optos chief executive, said he expected sales of Daytona retinal scanners to increase in 2013.
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TIM SHARP CITY EDITOR
Optos's income for the 12 months to the end of September was 37.1% ahead of 2011 and substantially better than market expectations, which were around $188m for the year.
The City had been worried there was muted demand for Optos's new-generation Daytona devices following slow initial sales, and was also concerned about cost control at the Dunfermline-based company.
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