Last checked at 23 Mar 2023 19:36
TRADING UPDATES: Regulatory wins for Eden; Marula AIM listing progress
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
Eden Share News (EDEN)
EDEN Share
Price
EDEN Share
News
EDEN Share
Chat
EDEN Share
Trades5
EDEN
Live RNS
EDEN Share
Charts
EDEN Level 2
Console
EDEN Live
Share Price
EDEN Broker
Ratings
EDEN Directors
Deals
EDEN Financial
Diary
EDEN
Fundamentals
EDEN Short
Positions
EDEN
Media
Eden Information
Share Price Information for Eden (EDEN)
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
4.35
Bid:
4.20
Ask:
4.50
Change:
0.00 (0.00%)
Spread:
0.30 (7.143%)
Open:
4.35
High:
4.35
Low:
4.35
Prev. Close:
4.35
Last checked at -
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.Eden Research profit warning overshadows commercialisation deal
Wed, 21st Dec 2016 08:41
(ShareCast News) - As well as signing a commercialisation deal for its environmentally friendly pesticide with a US chemical giant, Eden Research warned on Wednesday that full year earnings would be lower than expected.AIM-listed Eden is transformed its business model from technology licensing to product sales, which it said had resulted in lower upfront payments, with the effect exacerbated by a delay in receiving regulatory approval in certain territories.Sales of its 3AEY plant protection product reaped more than €1m at distributor level, with over 85,000 litres sold, which was well above what Eden had forecast.The company issued financial guidance for the year, with revenue expected to be circa £0.4m, an EBITDA loss of roughly £1.1m with a net cash balance at the year end of around £1.4m.The company said it had signed an exclusive agreement with a subsidiary of Eastman Chemical, with which it has been working since 2014.Eastman will pay Eden an upfront fee, as well as annual milestone payments until 2019 when it is expected that sales will commence, and will also take on the responsibility for the registration of 'Cedroz' across 29 countries, including the largest markets for nematicide products globally.Chief executive Sean Smith said, "Eastman has been a leader in nematode control for several decades, and through their market development of Cedroz, they will extend this position and grow in the important post-fumigant nematode control market with an effective and safe bio-control product developed by Eden."Eastman's global reach and the robust, versatile and unique technology and formulation expertise that Eden has provided should produce a strong solution for growers challenged with the control of these pests that affect global agriculture by lowering crop yields."House broker Shore Capital had been forecasting revenue of £1.7m, EBITDA of £0.2m and net cash of £2.4m, and so after the statement said it was putting its forecasts under review."Overall, we believe the agreement with Eastman is encouraging as has been the performance of 3AEY during the year but the financial performance is disappointing," analysts said. "The underperformance is a function of the decision to evolve the operating model of the company which we presume is because of the enhanced returns on a longer term basis at the cost of the short term gains alongside slower than expected regulatory approvals. "Shares in Eden, having recently recovered close to six-month highs, fell 20% to 11.25p by Wednesday aftrernoon.
More News
30 Jan 2023 10:19
AIM WINNERS & LOSERS: RA International wins contract; Rosslyn plummets
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
Read more30 Jan 2023 10:05
Eden Research flagship biofungicide gains home authorisation in Italy
(Alliance News) - Eden Research PLC on Monday said its flagship product, Mevalone, has received authorisation for home and garden use in Italy.
Read more10 Jan 2023 15:24
Eden Research set to beat expectations for revenue, losses
(Sharecast News) - Biopesticide and crop protection technology developer Eden Research said in an update on Tuesday that its revenue for 2022 was expected to have increased by 50% to £1.8m - £0.1m ahead of market expectations.
Read more10 Jan 2023 11:59
IN BRIEF: Eden Research eyes annual revenue to be ahead of guidance
Eden Research PLC - Oxfordshire-based sustainable crop protection and animal health firm - Expects revenue for the year ended on December 31 to be GBP1.8 million, ahead of market expectations of GBP1.7 million and up from GBP1.2 million a year earlier.
Read more15 Dec 2022 21:39
TRADING UPDATES: Serinus completes rig-up; Xtract concludes JV deal
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more15 Dec 2022 15:37
Eden Research inks distribution deal with Corteva France
(Sharecast News) - Biopesticides developer Eden Research has signed an agreement with Corteva France, it announced on Thursday, allowing Corteva to market, distribute and sell Eden's fungicide product 'Mevalone' in France on an exclusive basis.
Read more2 Dec 2022 20:39
TRADING UPDATES: Sunrise secures funds; Bango launches e-distribution
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more5 Oct 2022 21:55
EARNINGS SUMMARY: Eden Research, Fox Marble revenue up; LoopUp down
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
Read more26 Sep 2022 11:02
AIM WINNERS & LOSERS: musicMagpie wings clipped; US boost for Eden
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
Read more26 Sep 2022 10:20
IN BRIEF: Eden Research shares surge on US EPA approval
Eden Research PLC - Oxfordshire-based sustainable crop protection and animal health firm - Gets regulatory approval from the United States Environmental Protection Agency for all five petitions it submitted, covering three active ingredients and two formulated products. Ingredients are eugenol, geraniol and thymol, while the two products are Mevalone and Cedroz. Says the approval will bring "significant" revenue opportunities to the company, with total market potential of about EUR94 million for Mevalone and EUR189 million for Cedroz.
Read more22 Aug 2022 10:59
IN BRIEF: Eden Research expects narrowed loss on interim revenue rise
Eden Research PLC - Oxfordshire-based sustainable crop protection and animal health firm - For the first half of 2022, pretax loss is expected to narrow to GBP1.3 million from GBP1.8 million the year before, as revenue is expected to grow 33% year-on-year to GBP1.0 million from GBP800,000.
Read more22 Aug 2022 09:48
Eden Research first-half loss set to narrow to £1.3m
(Sharecast News) - Biopesticides and animal health company Eden Research said in a trading update on Monday that it was expecting half-year revenue to have risen 33% year-on-year to £1m, adding that it was on track to meet its full-year guidance of £1.4m.
Read more29 Jun 2022 21:29
TRADING UPDATES: Aquila closes acquisition; Mila's "impressive" assays
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more22 Jun 2022 15:48
UK shareholder meetings calendar - next 7 days
| Thursday 23 June | |
| Avacta Group PLC | AGM |
| Anglo Asian Mining PLC | AGM |
| Card Factory PLC | AGM |
| Cordiant Digital Infrastructure Ltd | AGM |
| Downing Renewables & Infrastructure Trust PLC | GM re initial placing & open offer |
| Eight Capital Partners PLC | GM re aligning 2022 bonds with 2026 bonds |
| GENinCode PLC | AGM |
| Ideagen PLC | GM re takeover by Hg Pooled Management Ltd |
| Longboat Energy PLC | AGM |
| Oxford Nanopore Technologies PLC | AGM |
| Puma VCT 13 PLC | GM re cancellation of listing & liquidation |
| RBG Holdings PLC | AGM |
| Tandem Group PLC | AGM |
| Union Jack Oil PLC | AGM |
| Zinnwald Lithium PLC | AGM |
| Friday 24 June | |
| AFC Energy PLC | GM re fees for non-executive directors |
| Avast PLC | AGM |
| Devolver Digital Inc | AGM |
| Entain PLC | AGM |
| Gulf Keystone Petroleum Ltd | AGM |
| Hawkwing PLC | AGM |
| Invesco Bond Income Plus Ltd | AGM |
| Life Science REIT | AGM |
| Northcoders Group PLC | AGM |
| Princess Private Equity Holding Ltd | AGM |
| Monday 27 June | |
| Anglo-Eastern Plantations PLC | AGM |
| Celadon Pharmaceuticals PLC | AGM |
| Cizzle Biotechnology Holdings PLC | AGM |
| Echo Energy PLC | AGM |
| Medica Group PLC | AGM |
| Pelatro PLC | AGM |
| Surgical Innovations Group PLC | AGM |
| Warpaint London PLC | AGM |
| Tuesday 28 June | |
| 4D Pharma PLC | AGM |
| Acceler8 Ventures PLC | AGM |
| Airtel Africa PLC | AGM |
| Alina Holdings PLC | AGM |
| Aquila Energy Efficiency Trust PLC | AGM |
| Attraqt Group PLC | AGM |
| Bay Capital PLC | AGM |
| Capital & Counties Properties PLC | AGM |
| CMO Group PLC | AGM |
| Corre Energy BV | AGM |
| Creo Medical Group PLC | AGM |
| Futura Medical PLC | AGM |
| Gama Aviation PLC | AGM |
| ICG Enterprise Trust PLC | AGM |
| ImmuPharma PLC | AGM |
| IQE PLC | AGM |
| Katoro Gold PLC | AGM |
| Rockhopper Exploration PLC | AGM |
| Sound Energy PLC | AGM |
| TP Group PLC | AGM |
| UK Oil & Gas PLC | AGM |
| Volvere PLC | AGM |
| Zegona Communications PLC | AGM |
| Wednesday 29 June | |
| Africa Opportunity Fund Ltd | AGM |
| Argo Blockchain PLC | AGM |
| Atome Energy PLC | AGM |
| Brave Bison Group PLC | AGM |
| Concurrent Technologies PLC | AGM |
| Eden Research PLC | AGM |
| Facilities by ADF PLC | AGM |
| Gemfields Group Ltd | AGM |
| Golden Prospect Precious Metals Ltd | AGM |
| HeiQ PLC | AGM |
| Helios Underwriting PLC | AGM |
| Hurricane Energy PLC | AGM |
| i(x) Net Zero PLC | AGM |
| Lords Group Trading PLC | AGM |
| MaxCyte Inc | AGM |
| Meggitt PLC | AGM |
| Mobile Tornado Group PLC | AGM |
| NB Distressed Debt Investment Fund Ltd | AGM |
| NetScientific PLC | AGM |
| Provident Financial PLC | AGM |
| RA International Group PLC | AGM |
| Reabold Resources PLC | AGM |
| Symphony Environmental Technologies PLC | AGM |
| Team17 Group PLC | AGM |
| ThinkSmart Ltd | GM re approval for capital return |
| Trinity Exploration & Production PLC | AGM |
| URA Holdings PLC | AGM |
| XP Factory PLC | AGM |
| Zaim Credit Systems PLC | AGM |
| Copyright 2022 Alliance News Limited. All Rights Reserved. | |