Biome Technologies plc Reports Trading Results for the Third Quarter and Nine Month Period Ended 30 September 2016; Provides Earnings Guidance Second Half and Year to 31 December 2016
For nine month, total group revenues £3.1 million, 7% behind the prior year period (2015: £3.3 million).
For the year to 31 December 2016, the company expects group revenues to be around the same level as those achieved in 2015.
Group revenues for the second half of 2016 and the early part of 2017 will continue to reflect the volatility related to the new products of the Bioplastic division as they move from their development to commercialisation phases.