A recovery in the making ?7 Jan 2014 09:48
Agreed clogheen.
Whilst the figures revealed in the Interims were disappointing,the CEO's accompanying statement painted a much more promising picture,particularly the news that Byotrol hygiene products are now listed in the NHS supply chain,this being the first time that non-alcohol hand sanitisers have been endorsed for NHS use.
This serves to blow out of the water those detractors who claimed that Byotrol was unfit for purpose.
Edisons remain guardedly optimistic,
"The challenging global consumer climate continues to delay the introduction of new products employing Byotrol technology. Nevertheless, agreements with Rentokill Initial, Albaad, Robert McBride (for Tesco) and Marks & Spencer all underline the success of recent product trials. Restructuring, involving buying out the group's partner in Byotrol Consumer Products and a change in CEO, suggests a positive move towards developing consumer relationships. We continue to look for strong revenue growth over the next two to three years, as new agreements start to deliver.
Last updated on 23/12/2013"