Galapagos NV (GLPYY.PK) reported a narrower first-half Group net loss from continuing operations of 11.3 million euros, compared with a loss of 27.7 million euros last year, with basic loss per share naarowing to 0.43 euros from 1.05 euros loss a year earlier.
Revenues from continuing operations for the half year amounted to 64.5 million euros, compared with 39.7 million in the same period of 2011.
The company reiterated its full-year 2012 guidance, by expecting Group revenues of 150 million euros, a positive operational and net result, and a year-end cash position of at least 130 million euros by 2012 end.
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by RTT Staff Writer
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