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Puricore rises on new orders

Mon, 19th Dec 2011 10:57

Puricore, the "green cleaning" company, has seen its share price rise 9% this morning on the back of two order wins.The first, with a top-five US supermarket chain, is valued at $2.3m. The second, with the Greater Glasgow Health Board, is worth £484,000.Puricore developes and sells systems to "kill infectious pathogens without causing harm to human health or the environment".The company's products are used in markets that depend upon controlling contamination, including food retail and medical device disinfection.Puricore now says it expects "to end 2011 with US orders for approximately 500 systems valued at more than $6 million." UK orders are expected to hit $1.8m.Despite this good news, NHS cuts have driven Puricore's stock down 35% so far this year.BS
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4 Jun 2014 09:22

PuriCore Agrees Sale Of Endoscopy Business For USD26.9 Million

LONDON (Alliance News) - PuriCore PLC said Wednesday that it had agreed to sell its UK Endoscopy business to Medivators B.V for USD26.9 million in cash. Medivators is a European subsidiary of Cantel Medical Corp, and provides infection prevention and control products and services. The

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4 Jun 2014 08:21

Puricore sells endoscopy arm and mulls cash return

Infection prevention group Puricore is selling its endoscopy business for $26.9m and considering returning cash to investors, boosting its shares. Puricore is off-loading its Puricore International operation to Medivators BV, a European-based subsidiary of New York-listed Cantel Medical Corp. The

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UK MORNING BRIEFING: Tesco Reports Sales Decline Amid Price Cutting

LONDON (Alliance News) - UK shares have opened mostly lower, with small-caps slightly outperforming Wednesday ahead of the Queen's Speech and further European economic data.

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14 May 2014 10:54

PuriCore First Quarter Revenue Declines On Order Delays

LONDON (Alliance News) - PuriCore PLC said Wednesday that revenue declined 2.9% to USD10.9 million in the first quarter to end-March, as higher recurring revenues were offset by delayed orders in the company's health sciences business. In a statement, the company that produces technology to

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24 Apr 2014 15:41

Sector movers: Healthcare stocks rise as M&A fever continues

Global M&A activity gave stocks in the healthcare equipment and services a boost on Thursday, with Smith & Nephew rising strongly after a takeover bid for sector peer Biomet. US artificial joint maker Zimmer Holdings announced today that it would buy orthopaedic products group Biomet in a deal valu

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24 Apr 2014 13:46

PuriCore slides after annual losses widen

Wider pre-tax losses and a slight decrease in the annual profit margin sent PuriCore shares tumbling more than 11 per cent on Thursday. The firm, which develops products that protect against the spread of infectious pathogens, posted a pre-tax loss for 2013 of $6.49m, compared to $3.15m in 2012, h

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24 Apr 2014 13:18

PuriCore Loss Widens On Higher Costs, Lower Margins

LONDON (Alliance News) - PuriCore PLC Thursday posted a widened pretax loss for 2013, as higher revenue was offset by increases in operating expenses and lower profit margins. The biotechnology company warned that its revenue is expected to soften in the short term as it transitions towards

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