About LGC
Financial results
Financial highlights 2000-2001
Last year Group sales increased by over 15% to £26.5m and profit
before tax increased by 15% to £1.8m.
Some notable achievements during the year include:
- The successful completion of the first year of a major contract
for the Child Support Agency providing paternity testing
services;
- The award of a ten-year contract by the Medicines Control
Agency to establish dedicated laboratory facilities at
Teddington;
- The launch of a partnership to distribute ATCC (American Type
Culture Collection) products in Europe. Our collaborative agreement
with ATTC will lead to the joint development of new products to
enhance the services we offer to research institutes,
pharmaceutical and biotechnology companies and academia;
- The expansion of our DNA database laboratory at Teddington,
which serves police forces in England and Wales. New DNA
laboratories for database and scene-of-crime samples will shortly
be opening at Runcorn and Teddington retrospectively;
- The award of three-year contracts by DTI under which we will be
the lead organisation for a programme on chemical and biochemical
measurements (the VAM programme);
- The launch by our subsidiary Pipeline Developments Ltd, of a
'club' programme involving 18 UK water companies to develop
standards and protocols for the full range of materials used in
pipelines;
- The award of a major contract to undertake genotyping of sheep
as part of the National Scrapie Plan, which aims over time to
eradicate the disease from the national flock.