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Trading Update

10 Jan 2013 12:45

RNS Number : 2814V
Plant Health Care PLC
10 January 2013
 



 

10 January 2013

 

Plant Health Care plc

("Plant Health Care" or "the Company")

 

Trading Update

 

 

Plant Health Care plc, a leading provider of novel patent protected biological products to the global agriculture markets, provides the following post year-end update ahead of the announcement of its audited full year results for the year ended 31 December 2012 in March 2013.

 

The Board expects the results for the year to 31 December 2012 to show operating loss to be slightly better than expectations at approximately $6.5 million; and cash and short-term liquid investments better than expectations at $7.7 million. Revenue will be similar to last year at approximately $7.8 million.

 

A partnership agreement for foliar Harpin which was expected to be completed by the end of the year would have added significantly to the revenues for 2012. This agreement is now expected to be completed in the first quarter of 2013.

 

The Board continues to be excited about the ability of the Company to bring existing and new patented products to the market over the coming years. However, the precise timing of additional partnership agreements remains unpredictable.

 

 

~ ends ~

 

 

For further information, please contact:

 

Plant Health Care plc

John Brady, Chief Executive Officer

+1 603 525 3702

jabrady@planthealthcare.com

Stephen Weaver, Finance Director

+1 412 826 5488

sweaver@planthealthcare.com

Nomura Code Securities

+44 (0) 20 7776 1200

Chris Collins/ Clare Terlouw / Chris Golden

www.nomuracode.com

Powerscourt

+44 (0) 20 7250 1446

Paul Durman / Nick Dibden / Sophie Moate

paul.durman@powerscourt-group.com

nick.dibden@powerscourt-group.com

sophie.moate@powerscourt-group.com

 

 

About Plant Health Care plc: Plant Health Care plc ("Plant Health Care") is a leading provider of novel patent protected biological products to the global agriculture markets. The Company's ordinary shares have been quoted on the Alternative Investment Market ("AIM") of the London Stock Exchange since July 2004 and listed on the Official List of the Channel Islands Stock Exchange ("CISX") since February 2010 (ticker symbol/ mnemonic: PHC).

 

Further information is available at: www.planthealthcare.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTUROUROOAAAAR
Date   Source Headline
1st Jun 200911:37 amRNSTotal Voting Rights
1st Jun 20097:00 amRNSEuropean Patent Granted for Harpin
28th May 20095:51 pmRNSAdditional Listing
28th May 20095:23 pmRNSSignificant Shareholding
28th May 20098:47 amRNSHolding(s) in Company
20th May 20099:30 amRNSAdditional Listing
19th May 20098:00 amRNSTest results
18th May 20093:47 pmRNSDirector/PDMR Shareholding
18th May 200910:44 amRNSAdditional Listing
13th May 20091:15 pmRNSDirector/PDMR Shareholding
12th May 200911:53 amRNSEGM Statement
30th Apr 200912:41 pmRNSDirector/PDMR Shareholding
24th Apr 200911:50 amRNSPlacing Announcement
16th Apr 20095:01 pmRNSAnnual Financial Report
15th Apr 20095:20 pmRNSAdditional Listing
2nd Apr 20095:47 pmRNSMonsanto Order
1st Apr 20093:40 pmRNSAdditional Listing
30th Mar 20097:00 amRNSDirector/PDMR Shareholding
24th Mar 200910:49 amRNSChange of Registered Office
24th Mar 20097:00 amRNSFinal Results
2nd Mar 200910:06 amRNSTotal Voting Rights
2nd Feb 200912:53 pmRNSTotal Voting Rights
2nd Feb 200911:01 amRNSBoard Appointment
28th Jan 20094:36 pmRNSPrice Monitoring Extension
28th Jan 20097:00 amRNSAdditional Listing
22nd Jan 20097:00 amRNSTrading Statement
15th Jan 20097:00 amRNSNew Appointments
5th Jan 20099:57 amRNSSignificant Shareholding
31st Dec 200811:19 amRNSTotal Voting Rights
19th Dec 20084:22 pmRNSHolding(s) in Company
18th Dec 20087:01 amRNSFurther re Myconate
18th Dec 20087:00 amRNSTermination of Agreement
16th Dec 20087:00 amRNSFinal Agreement with Monsanto
1st Dec 200810:02 amRNSTotal Voting Rights
26th Nov 20087:00 amRNSField Trials
18th Nov 200812:21 pmRNSAdditional Listing
31st Oct 20083:35 pmRNSTotal Voting Rights
30th Oct 20084:01 pmRNSBoard Appointment
20th Oct 200811:26 amRNSHolding(s) in Company
8th Oct 20081:05 pmRNSSignificant shareholding
2nd Oct 20087:52 amRNSField Trials
30th Sep 20088:00 amRNSTotal Voting Rights
25th Sep 20087:00 amRNSRe Scotts agreement
23rd Sep 20087:00 amRNSPreTect Field Trial Results
17th Sep 20087:00 amRNSAgreement with Bayer CropScience
15th Sep 20082:06 pmRNSPosting of Interim Results
9th Sep 20084:32 pmRNSDirector/PDMR Shareholding
8th Sep 20087:01 amRNSSupply Agreement
8th Sep 20087:00 amRNSInterim Results
1st Sep 200810:03 amRNSTotal Voting Rights

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