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Plant Impact Share News (PIM)



Share News for Plant Impact (PIM)


Share Price: 16.50Bid: 17.50Ask: 18.00Change: -1.25 (-7.04%)Faller - Plant Impact
Spread: 0.50Spread as %: 2.86%Open: 17.75High: 18.00Low: 17.67Yesterday’s Close: 17.75




Plant Impact FY pretax loss 1.87 mln stg; confident of successful development

Mon, 2nd Jul 2007 08:58

LONDON (Thomson Financial) - Plant Impact PLC reported a full year to March 31 loss of 1.87 ml
n stg but said it remains confident of the successful development and commercialisation of its products.

Last year, the company said its pretax loss for the fifteen month period to March 31 came in at 1.06 mln stg.

Plant Impact, which listed on the AIM last October, said it has traded in line with expectations having recorded turnover of 377,237 stg for the full year compared with a restated 345,811 stg for the fifteen months to March 31 2006.

Looking ahead, Plant Impact said it will continue to make progress in the Middle East, North Africa and European markets.

It added that evaluation field trials, on its crop nutrient and botanical pesticide products, are being conducted by agricultural chemicals companies with a view to entering into distribution and/or licensing agreements.

TFN.newsdesk@thomson.com

pmi/lam

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