BQE Bioquell

TIDMBQE

RNS Number : 5347U

Bioquell PLC

19 January 2017

19 January, 2017

Bioquell PLC

Pre-close statement

Bioquell PLC ("Bioquell") (LSE symbol: BQE) - provider of specialist biodecontamination products and services for the international Life Sciences markets today announces an update on its trading performance prior to entering the closed period ahead of the preliminary results for the year to 31 December 2016.

We estimate that revenues for the year ended 31 December, 2016 will be broadly in line with market expectations at approximately GBP26.8 million (2015: GBP26.9 million)

This estimate comprises GBP25.5m for the core biodecontamination business (2015: GBP23.4m), representing growth of some 8.7% (1.3% at constant currency rates) and GBP1.3m for the defence business (2015: GBP3.5m) whose revenues fluctuate significantly from year to year.

Pre-exceptional earnings before tax are expected to be modestly ahead of market expectations.

The Company had net cash of GBP8.8m at the year end.

The preliminary results for the year ended 31 December, 2016 will be announced on 7 March, 2017.

- Ends -

Enquiries

   Bioquell PLC           01264 835900 
   Ian Johnson           Chairman 
   Michael Roller         Finance Director 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 19, 2017 02:00 ET (07:00 GMT)

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