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Pin to quick picksPlant Health Share News (PHC)

Share Price Information for Plant Health (PHC)

London Stock Exchange
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Share Price: 5.65
Bid: 5.65
Ask: 5.90
Change: 0.72 (14.60%)
Spread: 0.25 (4.425%)
Open: 4.78
High: 5.65
Low: 4.78
Prev. Close: 4.93
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Plant Health Care reports good global growth, though US disappoints

Wed, 18th Jan 2017 15:07

(ShareCast News) - Agricultural biological products provider Plant Health Care issued a post year-end trading update ahead of its audited full year financial results for the year ended 31 December, which is expected no later than the second week of April.The AIM-traded company reported revenue of about $6.3m, although sales in the United States decreased by approximately $1.1m, due to the decision to reduce in-market inventories.Growth outside the United States was 15% at constant currencies.Sales of core 'Harpin aß' products decreased by roughly 12%, driven by lower sales in the US, although 'Harpin aß' sales outside the US increased by approximately 23%.'Harpin aß' and 'Myconate' products represented 59% of sales in 2016, up from 57% in 2015.Gross Margin remained steady at 62%, with cash and cash equivalents at year-end of $10.1m.Revenue growth in Mexico was approximately 9% in local currency.New distribution agreements were signed during the second half of 2016, showing potential for growth in commercial sales during 2017.In August 2016, the company successfully raised £7.6m - or $10m - and the board said it is well funded to execute its plan."In 2016, Plant Health Care continued to show solid progress towards our key strategic objectives," said interim CEO Chris Richards."We are excited by the strong field data that our evaluation partners have generated in their 2016 trials of Innatus 3G."It has been rewarding to see their enthusiasm building through the year as they come to understand the power of our technology and its potential value to them."Chris Richards said the company's partners were beginning to focus their attention on preparing for the planned competitive licensing process of first rights in early 2018."We look forward to an expanded programme of evaluation in 2017."
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10 Apr 2019 12:59

Plant Health Care climbs after Americas propel revenue growth

(Sharecast News) - Plant Health Care's (PHC) shares gained on Wednesday as annual revenues increased despite "challenging conditions", although a jump marketing and administrative expenses led to a wider loss.

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10 Apr 2019 11:30

Plant Health Care Revenue Rises In 2018 On Improves Harpin Sales

LONDON (Alliance News) - Plant Health Care PLC on Wednesday said its loss widened in 2018, but revenue grew on strong performance in Americas.The biological products provider's pretax a

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29 Jan 2019 11:16

Plant Health Care Sees 2018 Revenue Growth On Strong Performance In US

LONDON (Alliance News) - Plant Health Care PLC on Tuesday said its revenue increase in 2018, driven by strong growth in the US, where the company is focused on new product launch.The stock

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29 Jan 2019 08:26

Plant Health Care revenues grow on strong US trading

(Sharecast News) - Plant Health Care on Tuesday reported full-year revenue growth, though strong performances in the Americas were largely offset by reduced sales in Europe and Africa.

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21 Dec 2018 09:22

Plant Health Care expects revenues to be materially below forecasts

(Sharecast News) - Agricultural products provider Plant Health Care expects revenues from its current year to be "materially below" expectations despite an "encouraging" launch of its new Harpin AB protein.

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28 Nov 2018 13:15

Plant Health Care storms on three new PREtec evaluation deals

(Sharecast News) - Plant Health Care's shares jumped on Wednesday after it confirmed that three more agricultural and seed companies agreed to evaluate its PREtec crop improvement product candidates over three continents.

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28 Nov 2018 12:29

Plant Health Care Gets Three New Deals For PREtec Safety Evaluation

LONDON (Alliance News) - Plant Health Care PLC said Wednesday that three more agricultural companies have agreed to evaluate the safety of the firm's product PREtec on multiple in the company

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18 Sep 2018 12:37

Plant Health Care Interim Loss Widens As Administrative Costs Rise

LONDON (Alliance News) - Plant Health Care PLC on Tuesday reported a widened interim loss on higher administrative costs and a slight drop in revenue.The plant health and growth product its

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30 Jul 2018 11:01

Plant Health Care Considers Launching Protein Product Harpin In Coffee

LONDON (Alliance News) - Plant Health Care PLC said Monday it is planning to launch its protein product Harpin in coffee after successful results in Brazilian sugarcane.Shares in the of at

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30 May 2018 16:17

UK Shareholder Meetings Calendar - Next 7 Days

Thursday 31 MayBradyCard Factorye-TherapeuticsFaron 1 US Smaller Co IT (re right 4 by

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14 Sep 2016 10:37

Revenue shrinks and losses widen at Plant Health Care

(ShareCast News) - Patent-protected biological products provider Plant Health Care announced its interim results for the six months to 30 June on Wednesday, with revenue at $2.9m against $3.2m for the six months to 30 June 2015. The AIM-traded firm said excluding a one-time milestone payment in 2015

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14 Sep 2016 09:17

Plant Health Care Shares Wilt As It Warns On Challenging Conditions

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23 Aug 2016 10:38

DIRECTOR DEALINGS: Six Plant Health Care Board Members Acquire Shares

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7 Jun 2016 09:25

Plant Health Expects At Least One Platform To Make Revenue In 2017

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