max temp: 7°C

min temp: 4°C

ESTD 1874 Search

Newmarket: Tristel upgrades first half sales and profits forecasts

15:45 22 January 2014


Tristel's factory at Snailwell, near Newmarket.


Tristel, the manufacturer of infection prevention and contamination control products, today upgraded expectations for its first half results.


The company, based at Snailwell, near Newmarket, said that, following a better-than-expected December, revenues would top £6.4million, against £4.4m for last year’s first half, and pre-tax profits would be above £700,000, compared with a £600,000 loss at last year’s half-way stage.

The company, which supplies the human healthcare, animal healthcare and contamination control markets through three branded product ranges, Tristel, Anistel and Crystel, added that had seed “encouraging” performances from all business segments.

Its latest forecasts are ahead of those given at its annual general meeting last month.

Chief executive Paul Swinney said: “We are delighted with the progress made in the first half of this financial year, in particular the growth seen in sales of Tristel’s products used to disinfect non and single lumened instruments, hospital surfaces and within aseptic units.

“We continue to build upon these successes with confidence that they will continue into the second half and beyond.”

Broker Finncap said it was upgrading its full-year sales forecast for Tristel from £11.4m to £11.9m and its earnings forecast from £1.9m to £2.2m.

Finncap said: “We are upgrading our forecasts for the year ending June 2014 and raising our target price to 52p (from 38p). We believe the risk to our 2015 forecasts, which are currently unchanged, is on the upside.”

Tristel is due to report its results for the six months to December 31 on March 3.



Ipswich council leader David Ellesmere at the former sugar beet factory site off Sproughton Road.

A new Enterprize Zone involving 10 development sites across East Anglia, with the potential to create 18,500 jobs, was announced by Chancellor George Osborne today.

The Chancellor of the Exchequer, George Osborne, delivering his joint Autumn Statement and Spending Review to MPs in the House of Commons
Photo: PA Wire

The Chancellor’s Autumn Statement and Comprehensive Spending Review today divided opinion between unions employers.

The Buttermarket Centre will become a £35m entertainment complex

Cinema giant Empire has signed up for a new £35m leisure complex being created in the Buttermarket Shopping Centre, Ipswich.

Natalie Moloney, of Woodbridge events firm Pink Lemonade Productions.

An entrepreneur is up for a fifth business award since her event planning company launched last year.

Tony Willson, managing director of Helmsman Services.

Colchester-based training specialist Helmsman Services has secured the largest contract in its 17 year history, for its construction-specific e-learning health and safety courses.

Households with children led an increase in leisure spending during October, according to Greene King.

Greene King has reported a boost to leisure spending during October from the Rugby World Cup and the release of the new James Bond film, Spectre.

Thomas Cook has reported its first annual profit for five years.

The boss of holiday firm Thomas Cook said yesterday that disruption experience since the deadly terrorist attacks in Tunisia, Egypt and Paris was “unprecedented” in his 30-year career.

Hopkins Homes' Bure Place development.

Suffolk-based housebuilder Hopkins Homes has now achieved a hat-trick of national awards for its restoration and conversion of a Victorian listed building in Norfolk.

Andy Fisk and Ian Tooke are the new  joint managing directors at JR Executive Travel.

Suffolk-based JR Executive Travel has been acquired in a buy-out deal valuing the business at £1.8million.

Jonathan Agar of Birketts. left, with Ian Thoroughgood of Grant Thornton.

Suffolk’s leading companies have together recorded solid growth in sales and profits over the past year, according to the new Suffolk Limited report from Grant Thornton.

Most read

Most commented

Topic pages

Local business directory

Our trusted business finder

Property search

e.g. Oxford or NW3
Powered by Zoopla

Digital Edition

Read the East Anglian Daily Times e-edition today E-edition

Great British Life

Great British Life
MyDate24 MyPhotos24