Byotrol swings to H1 profit as sales more than treble

Writer,

Infection prevention and control company Byotrol swung to a first-half profit after sales more than trebled amid a pandemic-led surge in demand.

For the six months ended 30 September 2020, the company reported a pre-tax profit of £959,000 compared with a loss of £624,000 year-on-year as revenue rose to £6.7 million from £2.2 million.

Looking ahead, the company said it expected sales to settle at levels 'significantly higher than pre-COVID, and our order book remains consistently higher now than at any other point in our history.'

At 9:31am: (LON:BYOT) Byotrol PLC share price was 0p at 6.73p

  •

Related content

Fabric coating Covid killer HeiQ to join UK stock market

Author: 
Martin Gamble

When a company makes a claim that its fabric coating kills all known bacteria and viruses including Covid-19 within 30 minutes and has a shelf-life...

Thu, 03/12/2020 - 00:00

Byotrol expects annual results to meet market expectations

Specialist infection prevention and control company Byotrol said it expected results for the year to 31 March 2021 to meet current market expectations.

The...

Fri, 13/11/2020 - 07:45

Byotrol to hold AGM on 13 November

Byotrol's AGM is to be held at the offices at 11.00 am on 13 November 2020 at the offices of finnCap at 1 Bartholomew Close,...

Fri, 06/11/2020 - 14:28

Byotrol awarded £350K grant to explore anti-viral properties of seaweed

Infection prevention and control company Byotrol said it had secured a £350K grant from Innovate UK to further investigate the anti-viral properties of certain common...

Mon, 07/09/2020 - 08:38

Byotrol expects annual performance to be 'significantly ahead' of market expectations

Infection prevention and control company Byotrol said it expected financial performance for the current fiscal year to be 'significantly ahead' of market expectations.

Product sales...

Mon, 03/08/2020 - 09:28