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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
2nd Jul 200910:00 amRNSIssue of Equity
15th Jun 20097:00 amRNSPreliminary Final Results
12th Jun 200911:18 amRNSPlant Impact Announce R & D Collaboration
10th Jun 20097:00 amRNSPlant Impact Announce Validation of PiNT by USDA
1st Jun 20097:00 amRNSLicence Agreement
29th May 20097:00 amRNSTotal Voting Rights
21st May 200910:12 amRNSPlant Impact Announce Field Trial Results
18th May 20093:51 pmRNSExercise of Options
21st Apr 20098:00 amRNSSale of crop nutrient products
26th Mar 20093:33 pmRNSHolding(s) in Company
9th Mar 20097:00 amRNSField Trial Results
20th Feb 200910:00 amRNSLoan Agreement & Exclusive Discussions
13th Feb 20094:17 pmRNSHolding(s) in Company
13th Feb 20093:09 pmRNSHolding(s) in Company
13th Feb 200910:11 amRNSHolding(s) in Company
10th Feb 200912:29 pmRNSDirectorate Change
19th Jan 20092:10 pmRNSHolding(s) in Company
19th Jan 20092:10 pmRNSHolding(s) in Company
5th Jan 20094:24 pmRNSHolding(s) in Company
15th Dec 200810:23 amRNSHolding(s) in Company
9th Dec 20087:00 amRNSHalf Yearly Report
5th Sep 20081:58 pmRNSResult of AGM
3rd Sep 20082:41 pmRNSDirectorate Change
1st Sep 20085:22 pmRNSDirector Declaration
20th Aug 20087:01 amRNSAnnual Report and Accounts
20th Aug 20087:00 amRNSBugoil - submission of regist
11th Aug 20087:00 amRNSNotice of AGM
29th Jul 20082:30 pmRNSHolding(s) in Company
10th Jul 20082:14 pmRNSHolding(s) in Company
23rd Jun 20087:00 amRNSFinal Results
9th Jun 20083:08 pmRNSReplacement -Notice of Result
9th Jun 20087:00 amRNSNotice of Results
12th May 20086:00 amRNSDistribution Agreement
14th Apr 20087:00 amRNSUS Agreement Signed
10th Mar 20087:00 amRNSBugOil Trial Results Update
22nd Feb 20087:00 amRNSHolding(s) in Company
21st Feb 20087:00 amRNSPlacing
11th Dec 20074:26 pmRNSHolding(s) in Company
11th Dec 20074:22 pmRNSHolding(s) in Company
26th Nov 20077:00 amRNSInterim Results
16th Nov 200710:00 amRNSNotice of Results
1st Nov 20077:02 amRNSAnalyst and media site visit
30th Oct 20077:01 amRNSGrape field trial results
8th Oct 20077:01 amRNSSuccessful field trial result
27th Sep 20077:01 amRNSSuccessful field trial result
5th Sep 200711:44 amRNSResult of AGM
21st Aug 200711:08 amRNSAppointment of Joint Broker
17th Aug 20079:46 amRNSAIM Rule 26 Information
2nd Jul 200711:09 amRNSFinal Results 31 March 2007
2nd Jul 20077:01 amRNSAnnual Report and Accounts

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