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AGM Statement

26th Apr 2017 11:44

RNS Number : 4071D
Bioquell PLC
26 April 2017
 

 

FOR IMMEDIATE RELEASE

 

26 April 2017

 

Bioquell PLC

AGM Statement

Trading update

 

At today's Annual General Meeting of the Company, the following trading update is being given by the Chairman, Ian Johnson.

 "I am pleased to report that trading in the year to date has been encouraging and the outlook for the balance of the year remains favourable.

In the past six months some radical changes have been made in the structure and focus of the business. This has resulted in a reduction in the cost base and greater emphasis on the opportunities in the life sciences market. There is however much work still to do to further enhance sales momentum by strengthening the customer facing organisation.

The group is well financed with net cash at the end of March of approximately £12m."

 

Enquiries:

Ian Johnson Bioquell PLC 01264 835 900

Michael Roller

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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