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Puricore Q4 revenue up 39%

Wed, 01st Feb 2012 07:40

Green cleaning company Puricore said revenue in the fourth quarter increased 39% to $14.3m as it moved into EBITDA profitability during the period. The firm, which makes water-based clean technology to kill contagious pathogens, in a range of markets including endoscopy, food retail, floral, laboratory clean air and wound care, said it had ended the year in a strong position across all three business. Shares in the group surged in December after it announced new order wins with a US supermarket chain, valued at $2.3m and with the Greater Glasgow Health Board.Chairman Chris Wightman said, "We achieved EBITDA profitability for the business as a whole in the fourth quarter and reported a profit in each of our business divisions.""The board remains confident in the ongoing profitability of each division and in PuriCore collectively in 2012 but continues to maintain a prudent approach to costs in a business that is highly dependent upon NHS spending in the UK, and the strength of consumer spending in the US," he added.Across its divisions, supermarket retail revenue increased 148% to $7.3m in the final quarter. Endoscopy revenue decreased 5% to $6.8m while wound care revenue increased 81% to $0.2m. Puricore saw positive cash flow from operations.Looking ahead the group said it believes the current business mix will deliver both robust growth and significant cash generation."We will continue to make progress on promising new business opportunities in each division as well as in new market segments."
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18 Feb 2014 09:35

PuriCore Expects 15.6% Growth In Full-Year Revenue

LONDON (Alliance News) - PuriCore PLC Tuesday said it expects to report a 15.6% increase in revenue for the full-year, attributed to significant growth in the Supermarket Retail business driven by a USD14.0 million Sterilox Fresh capital equipment sale, the growth of the concentrate products, and

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13 Feb 2014 11:46

PuriCore Inks Agreement With Japan's Ueno For Vashe Wound Therapy

LONDON (Alliance News) - PuriCore PLC said Thursday that it had signed a marketing and distribution agreement with Japan-based Ueno Corp for its wound treatment Vashe Wound Therapy in 15 Middle Eastern and North African countries. PuriCore expects this agreement to generate USD9.0 million i

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7 Nov 2013 10:40

PuriCore Signs New Four Year Sales Agreement For USD3.5 Million

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1 Nov 2013 16:08

Advanced Computer Software Chairman trades in 1m shares

The Chairman of Advanced Computer Software this week sliced off 870,380 pounds-worth of shares from his stake, reducing it to 2.42m, the group announced after the close on Thursday. Michael Jackson disposed of exactly 1m shares in the healthcare and business management software, and said he made t

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1 Nov 2013 13:10

DIRECTOR DEALINGS: Puricore Non-Executive Buys 1 Million Shares

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28 Oct 2013 10:17

PuriCore Shares Jump 12% As 3rd Quarter Revenues Rise 33% On Year

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22 Oct 2013 08:13

PuriCore Launches New Animal Wound Treatment Product In US

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11 Oct 2013 07:14

Puricore Ends Misonix Deal, But Confident It'll Offset Margin Loss

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6 Sep 2013 13:35

DIRECTOR DEALINGS - PuriCore Non-Executive Buys Shares

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9 Oct 2012 07:54

Contracts round-up: Puricore, Lo-Q, Ocean Wilsons

PuriCore, the water-based clean technology company, has signed two new sales agreements with leading US supermarket retailers. The first of these contracts, expected to generate around $7m over four years, has been agreed with an existing customer, a top-five US supermarket retailer, to implement

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6 Aug 2012 10:21

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Sweet Group, an international property and infrastructure consultancy, has appointed Colin Bartlett as Senior Director with responsibility for the group's project management service offering across London and the South-east, and Helen Pickering as Project Director within its healthcare team. Bartlet

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1 Feb 2012 10:52

PuriCore product gets grant to fight 'corn smut'

PuriCore, the contamination control company, says the Biotechnology and Biological Sciences Research Council has granted the University of Oxford half a million pounds to research its ActiVita product, a fungicidal solution designed to protect crops from infections. The three-year grant will fund

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