News

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Mello London 12th November 2019

Biome will be presenting and exhibiting at the popular “Mello London”, investor event on Tuesday 12th November.

Details can be found here.

Come along to hear about Biome and its exciting prospects.

Interim Results 2019

The Group has published its interim results covering the first half of 2019 and the information can be found here.

Trading Update H1 2019

The Group published its Trading Update on 22 July 2019 and reported total Group revenues for the first half of the year were £3.6m (H1 2018: £4.4m) with the Bioplastics division reporting a 53% increase in revenues over the same period in the prior year.

The full release can be read here.

Biome Technologies plc announces its Interim Results for the six months ended 30 June 2018.

Highlights

  • Group revenues in H1 2018 increased by 47% to £4.4m compared with the comparable period last year (H1 2017: £3.0m)
  • Biome generated an operating profit of £0.2m compared to an operating loss of £0.2m in the first half of 2017
  • Group cash position at 30 June 2018 of £2.3m (31 December 2017: £2.3m)

Paul Mines, Chief Executive Officer said:

“The Group had an outstanding first half to 2018 delivering an operating profit in the period. Opportunities within the Bioplastics division are increasing with substantial revenue potential in the medium term whilst the Stanelco RF division has delivered an exceptional start to the year. It is against this backdrop that Board remains confident in the Group’s outlook for 2018.”

The full interim results can be read here

Biome Technologies revenues increase 43% in H1 2018

Biome Technologies plc, a leading bioplastics and radio frequency technology business, today publishes a trading update for the six months ended 30 June 2018. The unaudited interim results are expected to be announced on 3 September 2018.

Total Group revenues for the first half of the year were £4.3m, a 43% increase compared to the same period last year (2017: £3.0m).

The Directors expect that the Group will report an increased profit before interest, tax, and amortisation for the half year compared to the first half of 2017, reflecting the increase in revenues (based on unaudited management accounts).

The Group’s cash position as at 30 June 2018 was £2.3m (31 December 2017: £2.3m, 31 March 2018 £2.4m), reflecting a combination of positive trading activity, balanced by the unwinding of advance customer deposits previously received by the Company.

The full RNS can be viewed here.