Information  X 
Enter a valid email address

Tristel PLC (TSTL)

  Print          Annual reports

Monday 13 December, 2021

Tristel PLC

AGM Statement and notice of results

RNS Number : 3405V
Tristel PLC
13 December 2021
 

 

Tristel plc

("Tristel" or the "Company")

 

AGM Statement and notice of results

 

Tristel plc (AIM: TSTL), the manufacturer of infection prevention products, will hold its Annual General Meeting at 11am today at Lynx Business Park, Fordham Road, Newmarket, Cambridgeshire CB8 7NY.

 

Paul Swinney, Chief Executive Officer, will address the meeting with the following update:

 

"As the half progressed, in all our geographical markets sales have picked-up well as hospitals have gradually returned to normal service levels for diagnostic procedures. We expect revenue to exceed £15m compared to £16.8m in the first half last year, noting revenue last year included a one-off sale of £0.9m to the NHS for Brexit-related inventory. This stock was released back to UK hospitals during this first half, creating a £1.8m period-on-period distortion. Overseas revenues are expected to account for 64% of worldwide sales during the half compared to 60% in the comparable period last year. Reducing our exposure to the UK NHS by growing our existing overseas businesses and entering new geographical markets is a key objective for the Company.

 

"Cash after the full-year dividend sits above £8m. Based on continued normalisation of hospital procedure numbers in the UK and elsewhere, which is clearly dependent on Covid-related updates, we are on track at this stage to be in line with market expectations for the year." 

 

Notice of Results

The Company's unaudited interim results will be announced on 21 February 2022.

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

For further information please contact:  

 

Tristel plc

Tel: 01638 721 500

Paul Swinney, Chief Executive Officer

 

Liz Dixon, Finance Director

 

 

 

Walbrook PR Ltd

Tel: 020 7933 8780 or [email protected]

Paul McManus

Mob: 07980 541 893

Lianne Applegarth

Mob: 07584 391 303

 

 

finnCap

Tel: 020 7220 0500

Geoff Nash/ Charles Beeson (Corporate Finance)

 

Alice Lane (ECM)

 

     

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
AGMBLBDDSSBDGBG

a d v e r t i s e m e n t