2020 results were pre-announced in the trading update and so are well known. Due to inventory management, revenue of $6.6m doesn't reflect the doubling of in-market sales in US and Brazilian Commercial businesses and increasing product adoption “on the ground” implies a strong position for 2021. The Commercial business has also reached cash break-even which supports investment in PREtec.
23 Apr 2021
Plant Health Care* - 2020 Results – Strong start to 2021
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Plant Health Care* - 2020 Results – Strong start to 2021
Plant Health Care PLC (PHC:LON) | 3.8 0 0.0% | Mkt Cap: 12.8m
- Published:
23 Apr 2021 -
Author:
Andrew Simms -
Pages:
5
2020 results were pre-announced in the trading update and so are well known. Due to inventory management, revenue of $6.6m doesn't reflect the doubling of in-market sales in US and Brazilian Commercial businesses and increasing product adoption “on the ground” implies a strong position for 2021. The Commercial business has also reached cash break-even which supports investment in PREtec.