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RNS Number : 4014J Tristel PLC 12 December 2022
Tristel plc
("Tristel" or the "Company")
AGM Statement and notice of results
Tristel plc (AIM: TSTL), the manufacturer of infection prevention products,
will hold its Annual General Meeting at 11am today at Lynx Business Park,
Fordham Road, Newmarket, Cambridgeshire CB8 7NY.
Paul Swinney, Chief Executive Officer, will address the meeting with the
following update:
"The Company is returning to its pre-pandemic growth trajectory, with first
half revenue expected to exceed £17m, compared to £15m in the first half of
last year. Revenue growth is consistent across all our geographical markets.
Gross margin is in line with expectations.
"With respect to North America, we have made our first sales in the United
States and Canada, and we are preparing the additional data requested by the
FDA in September. We expect to submit it in March next year, meeting the FDA's
deadline and facilitating a decision from the agency around our year-end in
June. We remain confident of a successful outcome.
"The Company is making good progress. With no debt and cash of approximately
£10m we face the prevailing economic environment with confidence."
Notice of Results
The Company's unaudited interim results will be announced on 20 February 2023.
The information communicated in this announcement is inside information for
the purposes of Article 7 of Regulation 596/2014.
For further information please contact:
Tristel plc Tel: 01638 721 500
Paul Swinney, Chief Executive Officer
Liz Dixon, Chief Financial Officer
Walbrook PR Ltd Tel: 020 7933 8780 or tristel@walbrookpr.com
Paul McManus Mob: 07980 541 893
Lianne Applegarth Mob: 07584 391 303
finnCap Tel: 020 7220 0500
Geoff Nash/ Charles Beeson (Corporate Finance)
Alice Lane (ECM)
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