Plant Health Care (PHC)

Sector:

Industrial Chemicals

Index:

FTSE AIM All-Share

3.59p
   
  • Change Today:
      0.12p
  • 52 Week High: 11.60p
  • 52 Week Low: 3.20p
  • Currency: UK Pounds
  • Shares Issued: 341.53m
  • Volume: 675,665
  • Market Cap: £12.26m
  • RiskGrade: 304

Plant Health Care H1 revenue growth partially offset by currency headwinds

By Iain Gilbert

Date: Monday 26 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Agricultural products developer Plant Health Care said on Monday that interim revenue growth had been offset by a modest decrease in gross margins and higher operating expenses.
Plant Health stated that revenues had grown 13% to $3.5m in the six months ended 30 June, driven by increased sales in the US and Europe.

However, the AIM-listed firm also cautioned that gross margins had contracted from 59% to 56% due to currency effects and added that operating expenses had increased 18% throughout the half to $4.7m.

Cash used in operations decreased 29% to $1.5m.

Chief executive Dr Christopher Richards said: "The world remains an uncertain place, as shown by the effects of Covid-19 on sales in Brazil and Mexico.

"The board expects trading for the full year to be in line with management expectations."

As of 1045 BST, Plant Health shares were down 4.79% at 13.90p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PHC Market Data

Currency UK Pounds
Share Price 3.59p
Change Today 0.12p
% Change 3.46 %
52 Week High 11.60p
52 Week Low 3.20p
Volume 675,665
Shares Issued 341.53m
Market Cap £12.26m
RiskGrade 304

PHC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.32% above the market average1.32% above the market average1.32% above the market average1.32% above the market average1.32% above the market average
37.5% below the sector average37.5% below the sector average37.5% below the sector average37.5% below the sector average37.5% below the sector average
Price Trend
84.23% below the market average84.23% below the market average84.23% below the market average84.23% below the market average84.23% below the market average
22.22% below the sector average22.22% below the sector average22.22% below the sector average22.22% below the sector average22.22% below the sector average
Income Not Available
Growth
33.52% above the market average33.52% above the market average33.52% above the market average33.52% above the market average33.52% above the market average
22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PHC Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:09 771 @ 3.62p
16:09 601 @ 3.56p
16:08 628 @ 3.50p
16:08 574 @ 3.44p
16:08 77,538 @ 3.44p

PHC Key Personnel

CFO Jeffrey Hovey
CEO Jeffrey Tweedy

Top of Page