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Tristel PLC (TSTL)

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Thursday 21 May, 2015

Tristel PLC

Trading update

RNS Number : 8045N
Tristel PLC
21 May 2015
 



21 May 2015

Tristel plc

("Tristel" or the "Company")

 

Trading update

 

Tristel plc (AIM: TSTL), the manufacturer of infection prevention, contamination control and hygiene products provides a trading update for the year ending 30 June 2015.

 

Tristel addresses three distinct markets: Human Healthcare, Animal Healthcare and Contamination Control, with three distinctively branded product ranges: Tristel, Anistel and Crystel.

 

The Group has performed ahead of budget in both sales and profit terms over the ten months to 30 April 2015.  The strong profit performance can be pinpointed to the Group's direct operations in the UK, Germany and Australasia.  Amongst our direct operations, the only disappointing area has been Russia, where the Board continues to review its future prospects.

 

The Company has raised its internal expectations for the current financial year, and pre-tax profit (before share-based payments) is now expected to be not less than £2.5m (2014: £1.8m) 

  

Paul Swinney, Chief Executive, comments "The sales momentum that has built within the business over the course of the past two and a half years is being maintained. Our cost base is well controlled and the organisation is dealing well with the execution of our growth strategy.  All of this translates to a record profit to be reported for the year".

 

For further information please contact:       

 

Tristel plc

www.tristel.com

Paul Swinney, Chief Executive Officer

Tel: 01638 721 500

Liz Dixon, Finance Director




Walbrook PR Ltd

Tel: 020 7933 8780 or [email protected]

Paul McManus

Mob: 07980 541 893

Lianne Cawthorne

Mob: 07854 391 303



finnCap

Tel: 020 7600 1658

Geoff Nash (Corporate Finance)


Charlotte Stranner (Corporate Finance)


Stephen Norcross (Corporate Broking)

 

 

  


This information is provided by RNS
The company news service from the London Stock Exchange
 
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