Tristel’s interim results were accompanied by the strategic decision to withdraw from non-ClO2 based products. Whilst impacting FY 2022/23 forecasts, the resulting business will be a more robust and focused one, removing the drag that these products had on sales growth and gross margin. Moreover, it should substantially reduce operational risk, simplify production processes and ensure that its regulatory affairs and quality assurance function are able to focus on its core Tristel and Cache produ ....
21 Feb 2022
Tristel - Interims – strategic focus on ClO2-based chemistry
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Tristel - Interims – strategic focus on ClO2-based chemistry
Tristel Plc (TSTL:LON) | 445 -89 (-4.3%) | Mkt Cap: 211.4m
- Published:
21 Feb 2022 -
Author:
Mark Brewer -
Pages:
15
Tristel’s interim results were accompanied by the strategic decision to withdraw from non-ClO2 based products. Whilst impacting FY 2022/23 forecasts, the resulting business will be a more robust and focused one, removing the drag that these products had on sales growth and gross margin. Moreover, it should substantially reduce operational risk, simplify production processes and ensure that its regulatory affairs and quality assurance function are able to focus on its core Tristel and Cache produ ....