The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBioquell Regulatory News (BQE)

  • There is currently no data for BQE

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Pre-close update

14 Jan 2016 07:00

RNS Number : 8089L
Bioquell PLC
14 January 2016
 



 

FOR IMMEDIATE RELEASE

14 January, 2016

Bioquell PLC

Pre-close statement

Bioquell PLC ("Bioquell") (LSE symbol: BQE) - provider of specialist microbiological control technologies to the international Healthcare, Life Sciences & Defence markets today announces an update on its trading performance, prior to entering the closed period ahead of the preliminary results for the year to 31 December 2015.

Trading since the release of the interim results on 26 August 2015 has remained broadly consistent with the Board's expectations.

Revenues for the year ended 31 December, 2015 are expected to be flat at approximately £27.0 million (2014: £27.3 million). Life Sciences revenues grew by 1.8%, reflecting a strong second half, which showed growth of 20% over the second half of 2014. Healthcare revenues declined by 2.2% and Defence revenues were 13.7% lower at £3.5 million. Pre-exceptional profit before tax is expected to be in line with the Board's expectations. An exceptional charge of £0.2million will be taken in the 2015 accounts to reflect headcount reductions effected in the final quarter of the year. The 2015 accounts will also include an exceptional profit of approximately £34 million associated with the sale of TRaC Global Limited which was announced on 12 March 2015.

The Company had net cash of £47.5 million at the year end.

The Strategic Review announced on 18 May, 2015 is ongoing and the Board of Bioquell PLC currently expects to draw it to a conclusion at or around the end of the first quarter of 2016. Further announcements will be made as appropriate.

 

- Ends -

Enquiries

 

Nigel Keen (Chairman) Bioquell PLC 01264 835 900

Nick Adams (Chief Executive)

Michael Roller (Finance Director)

 

 

Notes to Editors

§ Bioquell is a UK-headquartered, international technology company which sells specialist biological contamination control products and services into the Healthcare, Life Sciences and Defence sectors, with most of its revenues generated from overseas customers;

§ Bioquell's bio-contamination control technology is principally based around hydrogen peroxide vapour (HPV) - which is highly efficacious at eradicating micro-organisms such as bacteria and viruses at room temperature - and is subsequently broken down using specialist catalysts to water vapour and oxygen (hence an extremely 'green' technology) at the end of the bio-decontamination process.

§ For the last three years Bioquell has invested substantial sums in developing new products - comprising rental, service and consumables - which have been designed to increase the proportion of the Group's recurring revenues (cf. capital equipment sales).

§ Bioquell's bio-contamination control technology:

o is used by bio-pharmaceutical, biotechnology and research institutions to provide sterile equipment and/or sterile facilities;

o is used to eradicate "superbugs" from hospitals including Clostridium difficile and carbapenemase producing Enterobacteriaceae (CPE) - sometimes referred to as carbapenem-resistant Enterobacteriaceae (CRE). Independent scientific research from a team at Johns Hopkins, one of America's top hospitals, has demonstrated that 'bioquelling' hospital equipment and facilities resulted in a 64% reduction in the rate of hospital acquired infection;

o is used to provide single rooms to hospitals (via its ICE-pod rental service) which currently only have open, multi-bed "Nightingale" ward structures

§ Bioquell currently has overseas operations in the USA, France, Ireland, Singapore and China.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTGGUCUGUPQGRW
Date   Source Headline
16th Jan 201910:46 amRNSForm 8.5 (EPT/RI) Bioquell Plc
16th Jan 201910:10 amRNSScheme of Arrangement becomes Effective
15th Jan 201912:00 pmRNSForm 8.5 (EPT/RI) Bioquell Plc
14th Jan 201912:20 pmRNSCourt Approval of Scheme
14th Jan 20199:23 amRNSForm 8.5 (EPT/RI) - Bioquell Plc
11th Jan 20199:34 amRNSForm 8.5 (EPT/RI) - Bioquell Plc
10th Jan 20195:30 pmRNSBioquell
10th Jan 20191:10 pmRNSResults of Court Meeting and General Meeting
10th Jan 20199:42 amRNSForm 8.5 (EPT/RI) - Bioquell Plc
9th Jan 201911:51 amRNSForm 8.5 (EPT/RI) - Bioquell Plc
8th Jan 20192:15 pmRNSForm 8.3 - Bioquell plc
8th Jan 201910:49 amRNSForm 8.5 (EPT/RI) Bioquell Plc
8th Jan 201910:19 amRNSForm 8.3 - [BIOQUELL PLC] - Replacement
8th Jan 20199:50 amRNSForm 8.3 - BIOQUELL PLC
7th Jan 201911:37 amRNSForm 8.5 (EPT/RI) Bioquell plc
3rd Jan 20199:54 amRNSForm 8.5 (EPT/RI) Bioquell Plc
2nd Jan 20199:26 amRNSForm 8.5 (EPT/RI) Bioquell Plc
27th Dec 201810:50 amRNSForm 8.5 (EPT/RI) Bioquell Plc
24th Dec 201810:16 amRNSForm 8.5 (EPT/RI) Bioquell Plc
21st Dec 201810:21 amRNSForm 8.5 (EPT/RI) Bioquell Plc
20th Dec 201810:29 amRNSForm 8.5 (EPT/RI) Bioquell Plc
19th Dec 201810:26 amRNSForm 8.5 (EPT/RI) Bioquell Plc
18th Dec 201811:36 amRNSPublication of Scheme Document
18th Dec 201811:15 amRNSForm 8.5 (EPT/RI) Bioquell Plc
17th Dec 201812:22 pmRNSDisclosure under Rule 2.10
17th Dec 201810:28 amRNSForm 8.5 (EPT/RI) - Bioquell PLC
14th Dec 201811:30 amRNSForm 8.5 (EPT/RI) Bioquell Plc
13th Dec 20183:13 pmRNSForm 8.3 - Bioquell plc
13th Dec 20189:27 amRNSForm 8.5 (EPT/RI) Bioquell Plc
12th Dec 201810:53 amRNSForm 8.5 (EPT/RI) Bioquell Plc
11th Dec 201810:26 amRNSForm 8.5 (EPT/RI) Bioquell Plc
10th Dec 20186:02 pmRNSPDMR dealing and Rule 2.10 announcement
10th Dec 20183:33 pmRNSForm 8.3 - Bioquell plc
10th Dec 201810:31 amRNSForm 8.5 (EPT/RI) Bioquell Plc
10th Dec 20189:14 amRNSForm 8 (OPD) - Bioquell PLC - Replacement
7th Dec 20183:06 pmRNSForm 8.5 (EPT/RI) - Bioquell PLC
6th Dec 20185:17 pmRNSForm 8.3 - Bioquell PLC
6th Dec 201810:45 amRNSForm 8.5 (EPT/RI) Bioquell Plc
5th Dec 201811:44 amRNSForm 8.3 - BIOQUELL PLC
5th Dec 20189:58 amRNSForm 8.5 (EPT/RI) Bioquell Plc
4th Dec 20185:13 pmRNSForm 8.3 - Bioquell PLC
4th Dec 201812:17 pmRNSForm 8.5 (EPT/RI) Bioquell Plc
4th Dec 201811:16 amRNSForm 8.3 - Bioquell Plc
4th Dec 201810:34 amRNSForm 8 (OPD) Bioquell PLC
3rd Dec 201811:22 amRNSForm 8.5 (EPT/RI) Bioquell Plc
3rd Dec 201810:53 amRNSForm 8.3 - Bioquell plc
3rd Dec 201810:44 amGNWForm 8.3 - [Bioquell plc]
30th Nov 20183:00 pmRNSForm 8.3 - Bioquell PLC
30th Nov 20181:31 pmRNSForm 8.3 - Bioquell Plc
30th Nov 201812:05 pmRNSForm 8.3 - Bioquell Plc

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.