Polynovo share price sinks lower despite doubling sales in FY 2020 – Motley Fool Australia

The Polynovo Ltd(ASX: PNV) share price has been among the worst performers on the S&P/ASX 200 Index (ASX: XJO) on Wednesday following the release of its full year results for FY 2020.
In afternoon trade the dermal regeneration solutions-focused medical device company’s shares are down 8.5% to $2.16.
How did PolyNovo perform in FY 2020?
PolyNovo had a very positive 12 months and delivered strong NovoSorb BTM sales growth in FY 2020.
For the 12 months ended 30 June 2020, the company sales …

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