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26 April 2021 | 07:47am
StockMarketWire.com - Infection control product group Tristel downgraded its annual profit guidance, blaming lower-than-expected sales and a rise in its cost base.
Pre-tax profit for the year through June was expected to be no less than £5 million , the company said in a trading update.
Tristel said its sale were likely to exceed £31m, which was comparable with last year.
The company was experiencing a fall in demand for patient examinations caused by Covid-19, partly offset by surface disinfectant product sales. Looking out to next financial year, we expect demand conditions in the UK to improve significantly, Tristel said.
A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;