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Plant Health Care shares flourish on thriving revenue report
Shares in Plant Health Care flourished on Wednesday as the company reported 22% growth in revenue to $7.7m.
The company, which provides patent-protected biological products to global agriculture markets said sales growth in Europe/Africa doubled, but this was offset was offset by weaker sales in Mexico due to low produce prices in the first half of the year.
North America sales grew 8%, while initial sales to Brazil were delayed due to importation issues. Plant said these would now take place in the first quaretr of 2018 with the launch into sugar cane.
The company, which provides patent-protected biological products to global agriculture markets said sales growth in Europe/Africa doubled, but this was offset was offset by weaker sales in Mexico due to low produce prices in the first half of the year.
North America sales grew 8%, while initial sales to Brazil were delayed due to importation issues. Plant said these would now take place in the first quaretr of 2018 with the launch into sugar cane.
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