Source - SMW
Plant Impact said its revenue for the nine months to 30 April 2017 was up 55% on the same period last year at £7.3m, from £4.7m).  

On a constant currency basis, year-to-date revenue had improved about 30% on the year as the group benefited from the relative weakness of sterling.

"Much of this underlying year to date growth has come from increased shipments of our flagship soybean product Veritas to Brazil for the 2016/17 growing season," said Plant Impact.  

It added that Q3 revenue of £2.4m, from £0.5m, included the final shipments of Veritas product for that growing season, particularly timed for later stage soybean and dry bean crops.  

Revenue in Q3 for other parts of the world was modest, as expected, but "consistent with our full year business plans."

Plant Impact's cash balance at 30 April 2017 was £3.7m, from £6.0m at end-January, with the outflow reflecting that payment for Q3 shipments was not received until after the period end. The balance at the 31 May 2017 was £5.0m.




At 9:24am: (LON:PIM) Plant Impact PLC share price was -6.25p at 38.5p