Tristel (TSTL)

Sector:

Health Care

Index:

FTSE AIM 100

465.00p
   
  • Change Today:
      2.50p
  • 52 Week High: 485.00
  • 52 Week Low: 327.50
  • Currency: UK Pounds
  • Shares Issued: 47.52m
  • Volume: 4,598
  • Market Cap: £220.99m
  • RiskGrade: 180
  • Beta: 0.01

Tristel lauds 'milestone' as products receive Chinese and Korean approval

By Duncan Ferris

Date: Monday 01 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Tristel on Monday received approval for its Duo High-Level disinfectant and its Sporicidal Wipe from regulatory bodies in China and South Korea, respectively.
The infection prevention and contamination control products manufacturer said it has a well-established presence in both China and South Korea, and will use its own sales force to sell Duo in China, while in South Korea the Sporicidal Wipe will go through its distributor, HP&C Ltd.

Paul Swinney, chief executive of Tristel, said: "Every regulatory approval we achieve represents an important milestone in our progress, but these two approvals have special significance. Duo ULT provides Chinese public hospitals with an affordable and easy-to-use method for the high-level disinfection of intra-vaginal ultrasound probes. Infection prevention experts within the country acknowledge the need for a disinfection technology that will enable hospitals to raise their standards to those commonplace elsewhere."

Both of the products are widely used throughout Europe, the Middle East and the Asia-Pacific region, and the AIM traded company said sales of chlorine dioxide foam and wipe products for medical device disinfection came in at £8.6m for the six-month period ending 31 December, representing an increase of 23% on the corresponding period in the previous year.

"In South Korea our chlorine dioxide technology has had to achieve approval as a new drug and the process has taken over four years. Our distributor is optimistic for the future long-term prospects of our technology in the South Korean hospital market," said Swinney.

Tristel's shares were up 3.68% at 285.11p at 1647 BST.

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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.

 

Tristel Market Data

Currency UK Pounds
Share Price 465.00p
Change Today 2.50p
% Change 0.54 %
52 Week High 485.00
52 Week Low 327.50
Volume 4,598
Shares Issued 47.52m
Market Cap £220.99m
Beta 0.01
RiskGrade 180

Tristel Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.76% below the market average97.76% below the market average97.76% below the market average97.76% below the market average97.76% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
81.81% above the market average81.81% above the market average81.81% above the market average81.81% above the market average81.81% above the market average
78.38% above the sector average78.38% above the sector average78.38% above the sector average78.38% above the sector average78.38% above the sector average
Income
83.92% below the market average83.92% below the market average83.92% below the market average83.92% below the market average83.92% below the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
17.61% above the market average17.61% above the market average17.61% above the market average17.61% above the market average17.61% 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 1
Neutral 1
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tristel Dividends

  Latest Previous
  Interim Final
Ex-Div 21-Mar-24 23-Nov-23
Paid 12-Apr-24 22-Dec-23
Amount 5.24p 7.88p

Trades for 02-May-2024

Time Volume / Share Price
10:58 2,604 @ 458.55p
10:35 1,470 @ 459.50p
09:05 44 @ 463.49p
09:00 266 @ 464.00p
08:00 214 @ 464.69p

Tristel Key Personnel

CEO Paul Christopher Swinney
Finance Director Elizabeth Dixon

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