We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Biome Technologies Plc | AQSE:BIOM.GB | Aquis Stock Exchange | Ordinary Share | GB00B9Z1M820 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -10.00 | -11.76% | 75.00 | 60.00 | 90.00 | 85.00 | 67.00 | 85.00 | 2,700 | 16:29:58 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMBIOM
RNS Number : 6658U
Biome Technologies PLC
20 January 2017
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
20 January 2017
Biome Technologies plc
("Biome" or "the Group")
Pre-close Trading Statement
Biome Technologies plc's pre-close trading statement for the financial year ended 31 December 2016 is set out below.
Group revenues for the year were GBP4.6m, slightly behind the 2015 revenues of GBP4.9m.
Revenues in the Bioplastics division were GBP1.6m, a decrease of 15% on the 2015 turnover of GBP1.9m due to the lower levels of campaign runs in the first half of 2016. The second half of 2016 saw sales of GBP1.0m which is 18% higher than the 2015 comparative. The second half of the year also saw some initial quantities of the new BiomeMesh filter product sold.
The RF division finished the year strongly and achieved full year revenues of GBP3.0m, which is the same as the 2015 revenues of GBP3.0m. This revenue was once again achieved across a broad spread of equipment types and included the delivery of the previously announced advanced analytical equipment to a regulated industry. Encouragingly, as we move into 2017, the division has a good order book which is underpinning a positive start to 2017.
The Group's cash position at 31 December 2016 was GBP1.5m (30 September 2016: GBP1.2m). This increase in cash is a mixture of trading performance and the timing of deposits within the RF division.
The recently announced settlement agreement will result in a further cash receipt of GBP0.45m in the first quarter of 2017. This amount, not included in the Group revenues shown above, will be recorded as other income in the 2016 accounts.
The Board expects the loss before interest, tax, depreciation and amortisation for the full year of 2016 (excluding the other income of GBP0.45m) to be similar to the level achieved in 2015. Trading in 2017 has started in an encouraging manner across both divisions.
The audited results for the year ended 31 December 2016 are scheduled to be published on 29 March 2017.
-Ends-
For further information please contact:
Hot Features
Premium
Biome Technologies plc
Paul Mines, Chief Executive
Officer
Declan Brown, Group Finance
Director
www.biometechnologiesplc.com Tel: +44 (0) 2380 867
100
Allenby Capital
David Hart (Nomad)
Chris Crawford/Kelly Gardiner
(Broker)
www.allenbycapital.com Tel: +44 (0) 20 3002 2070
FTI Consulting
Oliver Winters Tel: +44 (0) 20 3727 1535
www.fticonsulting.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTDKLFFDFFXBBL
(END) Dow Jones Newswires
January 20, 2017 02:00 ET (07:00 GMT)
1 Year Biome Technologies Chart |
1 Month Biome Technologies Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
