Just over ten months into its financial year and Tristel (TSTL) chief executive Paul Swinney is already certain the group will report record profits of at least £2.5m.
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The disinfectant product provider’s growth strategy to at least double 2014 revenues of £13.5m in three years is on track. In a trading update, Tristel said sales had been particularly strong in the UK, Germany and Australasia, with Russia the only region to disappoint.
Analysts at Equity Development have upgraded their underlying pre-tax profit and earnings per share forecasts for 2016 to £2.5m and 4.36p respectively.
