The Tristel share price (LSE: TSTL) has soared in recent years, as the company has benefited from strong demand for its innovative products. The shares are now trading at around £10, which is more than double their level of just two years ago. Despite this impressive performance, the shares still look to be good value given the company’s strong fundamentals.
In particular, Tristel is benefiting from growing demand for its infection control products, which are used in hospitals and other healthcare settings. The company is also expanding its product range into new markets such as food safety and water treatment. With strong growth prospects and a reasonable valuation, the Tristel share price looks set to continue outperforming the market in the long run.
The Tristel share price has been on the rise in recent years. This is thanks to the company’s strong financial performance and growing reputation as a leading provider of infection prevention and control products. With healthcare facilities around the world increasingly turning to Tristel’s products to help protect patients and staff from potentially deadly infections, there is no doubt that demand for its products will continue to grow.
This looks set to drive further share price gains in the years ahead.
Tristel Share Price News
Tristel PLC (LON: TSTL) shares are up over 7% today after the company announced its half year results.
Revenue for the six months ended 30 June 2020 was £21.3m, up from £17.4m in the same period last year. Adjusted EBITDA was also up, coming in at £5.6m compared to £4.1m last year.
The company said that it had seen good growth across all of its businesses during the period, with strong demand for its infection prevention products in both healthcare and food & beverage markets.
Looking ahead, Tristel said that it expects to see further growth in revenue and profitability in the second half of the year as more customers adopt its products and services. The company is also well-positioned to benefit from any increase in demand for infection prevention products as a result of the COVID-19 pandemic.
Credit: www.ft.com
What is Tristel Share Price
The Tristel share price (LSE: TSTL) is a publicly traded company on the London Stock Exchange. As of September 2020, the company had a market capitalization of £247 million. The shares are traded in sterling and are included in the FTSE 250 Index.
Tristel is a UK-based manufacturer of infection control products. The company was founded in 1997 and today has operations in nine countries around the world. Tristel’s primary product lines are disinfectant wipes and liquids used in healthcare settings to prevent the spread of infection.
In recent years, Tristel has expanded its product offerings into new markets beyond healthcare, including food preparation, veterinary care, and general cleaning products for household use. The company has also developed new technology platforms such as an electrochemical process for water treatment..
UK Small-Cap Share Review Tristel (TSTL)
Conclusion
Tristel Share Price: The share price of Tristel, a leading provider of infection control and hygiene solutions, has seen significant growth in recent years. This is thanks to the company’s strong financial performance and positive outlook. While there are some concerns about the potential impact of Brexit on the business, overall Tristel is in a strong position and its share price is likely to continue to rise.
