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"We do informal surveys that lead us to believe probably a quarter of people would prefer not to use alcohol on skin."
Probably a quarter!! 75% don't.
As with any product where there is demand other companies adapt and enter the market.
eg Boots alcohol free sanitisers available online:
Nilaqua 55ml for £2.49 compared to Boots (Byot) based 50ml for £3.19. So bigger bottle and cheaper than Byot based Boots own brand.
Nilaqua:
https://www.boots.com/nilaqua-alcohol-free-hand-sanitiser-70ml-10231790
Boots own brand (Byot) based:
https://www.boots.com/boots-anti-viral-hand-foam-50ml-10278907
How did the MoS do last time?? The sp spiked on the tip before crashing back on results.
Official report paving way for wider use of alcohol-free hand sanitiser gives 'powerful' boost to British firm Byotrol
By NEIL CRAVEN, FINANCIAL MAIL ON SUNDAY
PUBLISHED: 21:50, 26 June 2021
An official report paving the way for the wider use of alcohol-free hand sanitiser has given a 'powerful' boost to British firm Byotrol, its directors said.
A Government task force said earlier this month that guidance on the use of non-alcohol sanitisers was 'confusing' and should be reviewed to provide 'a level playing field' with alcohol-based products.
AIM-listed Byotrol, which is advised by Tory MP Iain Duncan Smith, said official guidelines had put off potential customers.
Rubbing its hands: Byotrol, which is advised by Tory MP Iain Duncan Smith, said official guidelines had put off potential customers +1
Rubbing its hands: Byotrol, which is advised by Tory MP Iain Duncan Smith, said official guidelines had put off potential customers
Hand sanitiser makes up a third of Byotrol's business, with the remainder coming from surface cleaners. It provides the NHS with 92 per cent of its non-alcohol sanitiser under its label Invirtu and also makes Boots own brand.
Alastair Demick, head of business development, said: 'Reviewing [the guidelines] and providing clarity for consumers and businesses required to provide hand sanitiser across education, workspaces and retail is powerful. People pay attention to it. It is a positive move.'
Byotrol, which has a turnover of £11million a year and employs 35 staff, provides an alternative for those who find that alcohol-based products cause skin irritation, people who prefer to avoid alcohol on religious grounds and those in secure units where alcohol is restricted.
David Traynor, chief executive, said: 'The global hand sanitiser market is north of $2billion (£1.5billion) a year of which alcohol-free is a tiny percentage. We do informal surveys that lead us to believe probably a quarter of people would prefer not to use alcohol on skin.'
hTTps://www.thisismoney.co.uk/money/markets/article-9728701/No-alcohol-sanitiser-firm-Byotrol-rubs-hands.html
why do you care about it if your NOT a shareholder
I would be more worried about NO win NO Fee lawyers suing TLY & 111 services for giving out wrong info to callers
Is there a date for when fy results will be published or is it sometime next month?
TIA
Fantastic news, they now just need to spend some monies with one of these marketing companies
https://themanifest.com/uk/digital-marketing/agencies
Interview with the CEO of Byotrol, David Traynor, talking through details of the RNS Reach that was released on Monday 21 June which might be of interest :
https://youtu.be/6CRBXk2RGp0
I kept the plate when I sold the car waiting for a nice home for it to come along
ok £58k for the reg but how much for the car then
Great plates
https://collectingcars.com/for-sale/1998-ferrari-550-maranello
Forgot to post Link..
https://www.invirtu.co.uk/
Their new website launched this year shows resellers new like YPO and old like Boots.
DYOR
So Stt1 you agree with Roadrunner when he say's
" I could be very wrong and miss out "
Looks like they have a big buy to fill
I agree with Roadrunner. They have been here before, yet global consumer sales increased only £590k during the important H1 period, Apr-Sept.
Then H2 was significantly lower than H1.
Last year it was Boots sales surge, contract with Tower, Tristal etc... What happened????
How much are they making from Advanced Hygienics over the past 3-4yrs???
Having a product doesn't GUARANTEE they are making significant money from it?
As restriction ease, so will the need for sanitiser/cleaning products. People are desperate to remove masks and use sanitiser and put covid behind them.
Just look at the spectators going to Football, snooker, concerts etc..
There's a lot of jam tomorrow. Other companies have adapted and entered the market - Virusend, Zoflora etc etc.
Virusend developed, manufactured, marketed and already in the shops within a matter of few months. Developed and used by the British Army - I suspect the majority of British People would support the British Army.
https://virusend.co.uk/
Roadrunnr, how you can look at byot's performance last year and not see multiple indications of how they are positioning for growth in the coming years is beyond me. As a reminder:
o Licensed B24 in US to IRI, who sub-licensed to Turtle Wax - which means the TW (B24) product is now in multiple retail/automotive chains in the US as well as part of the Shell/Turtle Wax Move Clean B2B initiative;
o Upgraded UK hospital alcohol-free hand sanitiser licensing deal with SC Johnson to be multi-year;
o Extended Turtle Wax relationship by signing direct licensing deal for Europe - product already on sale in Halfords in the UK;
o Signed licence for alcohol-free hand sanitiser in Middle East with Soltech;
o Re-energised Byoworks license to cover all byotrol technologies in sub-saharan Africa;
o Secured £350k grant to further seaweed research programme, potentially opening up whole new product set at minimal direct cost to byotrol;
o Opened dedicated virology lab with 2 specialist virologists;
o Started investing in marketing, advertising, advertising and promotion, PR & product proposition development research.
The point about these multi-year license deals is that they tend to be slow-burners. A nice profit contribution in the year the deal is done due to booking the guaranteed payment elements, then a bit of a lag while actual sales of the licensee build up to cover the guaranteed element and contribute further revenue (although cash continues to arrive from the guaranteed payments). The best example of this is perhaps the Solvay deal where, many years after the first deal, Solvay has now launched Actizone and is talking about it being a "blockbuster" product set - and byotrol is expecting royalty revenue from that deal this year. Equally the various Tristel licenses which were signed in FY20 should be progressing in the background even if we won't see much, or any, royalty revenue last year as it would have been largely (or all) covered by the guaranteed payments.
I bought into BYOT because I thought it had a great opportunity to develop, grow and make money for 3-5 years. However following the latest Interview I have sold out. This is because I dont see any dynamic strategy on show to achieve the stated aims of the company. How are they going to grow in the near future? Organically - what steps have been taken to significantly ramp up sales and profits? Any growth by acquisition or collaboration? If I see meaningful signs I would re-enter but it feels like they are happy just chugging along employing folk and getting paid. I could be very wrong and miss out so DYOR and best of luck.
So why on advfn do YOU ban posters on your ramping threads posting bear points?
Scampthedog,
"People don't like STT because he has been consistently right...the s.p is testimony to that."
Thanks. Not only the sp but the results haven't backed up the bullish comments.
All readers should read all bull and bear points and form their own opinion. It's their money. Read posts with links to back up.
Btw, what do you think 'STT' in 'STTsBumbag' stands for? ;-)
LOL he sold out at 2,2p what the sp now?
He started buying TLY at £3+ sp now 30 odd p
He run a boiler gang
"People don't like STT because he has been consistently right...the s.p is testimony to that."
Why the derogatory comments about being a care home manager? Fail to see what is so amusing about that. Would have thought it was an honest enough and worthy calling. Just because there have been some high-profile cases of very badly run care homes does not imply they all are...most are very well run in fact.
People don't like STT because he has been consistently right...the s.p is testimony to that.
And what about that "Capital Reduction"? No mention of why that was undertaken. Intimations of it being used for a "possible" dividend pay out; and that has not been mentioned since either.
Going back to the real slide in the s.p takes you back to that very same thing: the capital reduction. Since then, in regard to the s.p, we have never looked back...back upwards that is.
Still waiting patiently for an explanation for that capital reduction...because it had to be done for some purpose; and that actual purpose never explained to us in the first place.
The Care home manager is over here going on about Boots again when he knows that Byotrol are a B2B business
Remember Trisel's only bright bit of there profit warning was how well Byotrol bit was doing
TLY £3 down to 30p ISH maybe that's why he is so bitter
skipsharer/onehanded,
The biggest pandemic to hit the world, yet complete lack of marketing, lack of sales of byot based products at Boots, only £590k increase in global consumer sales during H1, H2 significantly lower than H1.
The rest is jam tomorrow.
They failed to seize the advantage over the past year, will they for this year?
We've been here before.
The results speak for themselves.
Negative? Aggressive? See its performance on the TRMR BB and ADFVN Silktech
Best place on filter
Likewise. I’d had a hunch that the market was undervaluing these and overplaying the impact of the vaccine rollout. The update confirmed it. I’m glad that I had added. I’m not sure why stt1 is so aggressively negative.