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Byotrol loss widens as products gain traction

Tue, 13th Dec 2016 14:17

(ShareCast News) - Anti-microbial technology company Byotrol presented its unaudited interim results for the six months to 30 September on Tuesday, confirming it was on track to be EBITDA positive for the full year with trading in line with previous guidance.The AIM-traded firm claimed to have made "excellent progress" in all three of its strategic initiatives, with all testing now completed for submission to US Environmental Protection Agency for approval of its long-lasting surface care product.A formal dossier was to be filed before Christmas.In its joint marketing partnership with Solvay SA, commercial and technical discussions were underway with customers, and its non-alcohol based hand sanitising formulations were making good progress in the UK - including in the NHS - in Japan and in the US.Financial results for the year remained heavily skewed in favour of the second half, the board said, due to the timing of previously announced and contracted milestone and partnership payments.Those, together with research and development tax credits, were expected to add in excess of £1.1m to revenues and gross margin in H2, it added.Headline numbers for the six months to 30 September included turnover of £0.91m, against £1.41m in the comparable period last year, and a loss before tax of £0.58m versus £0.45m in the comparable period."The company is now on the way to become the high-quality technology business we have been aiming for," said chief executive David Traynor."Development deals are providing strong cash inflows and results for the full year are expected to show substantial progress."
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28 Feb 2019 11:23

Byotrol's New Surface Cleaners To Be Rolled-Out At US Retailer Target

LONDON (Alliance News) - Anti-germ technology firm Byotrol PLC on Thursday said it has successfully registered two new versions of its surface cleaner Byotrol24.The new variants use newly a

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29 Jan 2019 14:21

Byotrol Hires Former Unilever Director Sean Gogarty As Non-Executive

LONDON (Alliance News) - Byotrol PLC on Tuesday said it has appointed Sean Gogarty as a non-executive director with immediate effect.The anti-microbial technology company said Gogarty has a

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14 Sep 2018 16:03

UK Shareholder Meetings Calendar - Next 7 Days

Monday 17 SeptemberAbzenaTuesday 18 SeptemberNorthgateAccsys Elle 19

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24 Aug 2018 13:47

DIRECTOR DEALINGS: Byotrol Chief Technical Officer Buys Shares

LONDON (Alliance News) - Byotrol PLC said Friday that Chief Technical Officer Trevor Francis bought shares in the company.Francis acquired 657,686 shares at 3.8 pence each, worth GBP24,992

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17 May 2018 11:13

Byotrol Secures First Market Retail Trial In US For Hand Sanitiser

LONDON (Alliance News) - Byotrol PLC said Thursday it has secured its first "mass market" retail trial in the US with discount retailer Target Corp for its surface sanitiser trail will a

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10 May 2018 14:16

Byotrol Gets US Approval For Sale Of Byotrol24 Sanitizer

LONDON (Alliance News) - Byotrol PLC said Thursday it has secured formal approval for sale of its anti-microbial product in all US states.With the approval, the company said it is now able

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15 Aug 2016 15:06

UK Earnings, Trading Statements Calendar - Next 7 Days

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8 Jul 2016 12:37

Byotrol extends agreement with Solvay

(ShareCast News) - Specialist anti-microbial technology company Byotrol announced on Friday that it has expanded its agreement to develop and commercialise long-lasting biocidal products for hard surfaces with the international chemical group Solvay. The AIM-traded company said the agreement extends

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8 Jul 2016 09:23

WINNERS & LOSERS SUMMARY: Inchcape Seen In Fast Lane Post-Brexit

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8 Jul 2016 07:10

Byotrol Extends Solvay Deal, Signs Series Of New Contracts

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25 Feb 2016 16:08

Byotrol extending its market reach

(ShareCast News) - Byotrol's turnaround was continuing apace as the company headed towards the end of its financial year on 31 March, with the company issuing a trading update on Thursday. The AIM-traded specialist anti-microbial technology firm said the regulatory approval process with the US Envir

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25 Feb 2016 09:46

Byotrol Says Working Capital "Entirely Adequate" For Future Needs

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3 Dec 2015 10:55

Byotrol on 'cusp' of profitability, says board

(ShareCast News) - A poor six months for Byotrol weren't enough to dampen the board's spirits on Thursday morning. Revenue at the AIM-listed professional cleaning products manufacturer was down slightly on the same period last year, from £1.554m to £1.409m. Gross profit was up from £502k to £532k,

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3 Dec 2015 08:59

Byotrol Expects To Hit Earnings Breakeven In Second Half, Loss Widens

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