Metir plc has provided a trading update, reporting increasing demand for its Microtox® LX instruments and reagents, with sales in line with expectations, though production is nearing capacity. The Company is discussing increased manufacturing rates for 2026 to reduce delivery times and build stock, alongside plans to upgrade LX and FX units to improve margins. Robust sales of Sulphate Reducing Bacteria (SRB) kits are also noted, with a key component upgrade planned for Q4 to maximise high-margin sales in January 2026. Following the Qatar project's final commissioning of 27 CTM units, a deferred payment of £198k is due by Q1 2026, with an additional £50k performance payment. Metir is also targeting the Saudi Arabian market, a significant opportunity for water-safety technologies.
