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Trading Statement

21 Nov 2013 15:01

RNS Number : 6570T
Plant Impact PLC
21 November 2013
 



Plant Impact plc

 

("Plant Impact" or the "Company")

 

Current Trading Q1 2014

Plant Impact has today announced its Unaudited Preliminary Results for the 16 month transitional financial period ended 31 July 2013. The Preliminary Results highlight the performance of the Company's European business and provide some detail on its progress toward several strategic objectives.

The change in year-end to 31 July was implemented to provide shareholders with discrete visibility of Northern Hemisphere business in the first half of the year and Southern Hemisphere businesses in the second half of the year, particularly as the Company progresses its development efforts in Brazil into the commercial phase.

The Directors are today pleased to report significant progress in trading in the Southern Hemisphere in the three months ended 31 October 2013. Turnover was £738,000 compared to £105,000 in the same three month period of 2012. The Company's operating loss in this quarter narrowed to £75,000 compared to nearly £400,000 in 2012.

John Brubaker, Plant Impact CEO commented, "These first year Southern Hemisphere results reflect three years of hard work by the Company to develop and field test novel crop enhancement products for Brazilian growers of soybeans, dry beans and fruits and vegetables. Through our partnerships with leading agrochemical partners, we are beginning to see commercial traction for our products Veritas and Meliora. This is a strong foundation for our future growth in the world's fastest growing agricultural market."

 

 

For more information please contact:

 

 

Plant Impact plc

 

David Jones, Chairman

John Brubaker, Chief Executive Officer

 

 

 

Tel: +44 (0) 1582 465 540

 

 

 

 

 

 

WH Ireland Limited - Nominated Adviser and Broker

 

Dan Bate

 

Tel: +44 (0) 161 832 2174

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTFEAFLFFDSEIF
Date   Source Headline
31st Jul 20139:28 amRNSTotal Voting Rights
23rd Jul 20137:00 amRNSCompletion of Share Subscription
18th Jul 20137:00 amRNSBrazil Commercial Agreement
14th Jun 20139:00 amRNSBrazil Soya Field Trial Results
3rd Jun 20137:00 amRNSRepayment of Development Loan & Trading Update
17th May 20132:28 pmRNSHolding(s) in Company
22nd Apr 201311:07 amRNSHolding(s) in Company
22nd Apr 20137:00 amRNSInterim Results
7th Mar 20135:16 pmRNSHolding(s) in Company
25th Feb 201311:42 amRNSAccounting Reference Date Change - Replacement
25th Feb 20137:00 amRNSAccounting Reference Date Change
7th Feb 20139:26 amRNSTotal Voting Rights
7th Jan 20137:00 amRNSResult of Open Offer
4th Jan 20137:00 amRNSDirector/PDMR Shareholding
31st Dec 20127:00 amRNSTotal Voting Rights
24th Dec 20127:00 amRNSDirectorate Change
19th Dec 20127:00 amRNSHalf Yearly Report
18th Dec 20128:15 amRNSHolding(s) in Company
7th Dec 20127:00 amRNSCompletion of Placing & announcement of Open Offer
18th Oct 20122:13 pmRNSBrazil Business Launch
17th Sep 20129:29 amRNSHolding(s) in Company
14th Sep 20129:40 amRNSResult of AGM
10th Sep 201210:18 amRNSDirector's Dealing
5th Sep 201211:08 amRNSHolding(s) in Company
3rd Sep 20121:01 pmRNSChange of Registered Office
17th Aug 201211:09 amRNSNotice of AGM
16th Jul 20127:00 amRNSFinal Results
3rd Jul 201210:00 amRNSResearch Cooperation and Relocation of Head Office
28th Jun 20125:26 pmRNSGrant and Cancellation of Share Options
28th Jun 20125:23 pmRNSFurther Details on Chief Executive Officer
5th Apr 201210:38 amRNSUS EPA BugOil Registration and Trading Update
8th Mar 20123:12 pmRNSExercise of Options
22nd Feb 20128:09 amRNSUS EPA Proposed BugOil Registration Decision
20th Feb 20127:01 amRNSDirectorate Change
20th Feb 20127:00 amRNSAmendment of License & Development Loan Agreements
13th Feb 201211:26 amRNSHolding(s) in Company
1st Feb 20127:35 amRNSPress Speculation
15th Dec 20117:00 amRNSHalf Yearly Report
7th Oct 20117:49 amRNSChange of Adviser
6th Oct 20112:45 pmRNSIssue of Equity
26th Aug 20111:30 pmRNSGrant of share options
26th Aug 201110:40 amRNSResult of AGM
16th Aug 20112:40 pmRNSHolding(s) in Company
16th Aug 20118:15 amRNSDirector/PDMR Shareholding
9th Aug 20117:00 amRNSAppointment of new CEO
4th Aug 20113:30 pmRNSNotice of AGM
4th Jul 201111:30 amRNSPreliminary Results - replacement
4th Jul 20117:00 amRNSHalf Yearly Report
8th Jun 20117:00 amRNSCanadian Distribution Agreement
2nd Jun 20111:00 pmRNSHolding(s) in Company

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