Last 26.50 GBp
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plant impact plc (PIM) Snapshot

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09/4/14 - 26.50 GBp
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plant impact plc (PIM) Details

Plant Impact plc develops and markets crop enhancement and specialty nutrition products to deliver yield and quality benefits for growers the Americas, Europe, the Middle East, and Africa. The company operates through Crop Nutrients and Pest Control segments. It offers Ametros, a calcium management product for professional tree fruit growers; InCa, a foliar spray for optimisation and distribution of calcium; and eNTiton, a technology for rooting and establishment that supplements base nitrogen to improve N availability to the plant over a sustained period. The company also provides Meliora, which delivers enhanced calcium mobility to fruit and vegetable crops; and Veritas, a foliar spray that is applied to soybeans to relieve stress at the flowering stage. In addition, it manufactures chemicals and provides consultancy services in nutrition technology. The company was founded in 2003 and is based in Harpenden, the United Kingdom.

Founded in 2003

plant impact plc (PIM) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: 229.0K GBP
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

plant impact plc (PIM) Key Developments

Plant Impact plc Reports Unaudited Sales Results for the Fourth Quarter and Earnings Results for the Full Year Ended July 31, 2014

Plant Impact plc reported unaudited sales results for the fourth quarter and earnings results for the full year ended July 31, 2014. For the quarter, the company reported turnover of £0.8 million compared to £0.5 million in the comparable three month period of 2013. For the year, the company reported turnover of £2.5 million compared to £1.2 million in the comparable twelve month prior period ended 31 July 2013. The increased turnover in the twelve-month period ended 31 July is principally due to the Company's launch of its new product Veritas® in Brazilian soybeans. The company's net loss in the twelve month period reduced to approximately £0.7 million compared to £1.2 million in the twelve month period to 31 July 2013.

Plant Impact plc and Bayer CropScience Brazil Sign Long-Term Agreement for the Marketing of Veritas

Plant Impact plc and Bayer CropScience Brazil have signed a new, long-term agreement for the marketing of Veritas®, an advanced technology designed to boost the efficiency of soybean and dry bean crops in Brazil. The commercial partnership foresees the addition of the Veritas® product to Bayer CropScience's product portfolio in Brazil for the exclusive marketing of the technology in soybeans and dry beans beginning with the 2014/2015 growing season and continuing thereafter. In the 2013/14 soybean and dry bean season, the two companies also partnered in a pilot project carried out in Midwestern Brazil. This 2013/2014 pilot was successful, and Bayer CropScience's customers have proven productivity (yield) results by adopting Veritas®. The new, long-term agreement follows on the two companies' initial, pilot agreement which governed their relationship for the 2013/14 pilot. Under this new agreement, Veritas® will be marketed exclusively by Bayer CropScience and labelled with the Bayer CropScience corporate brand. The parties have agreed to an initial, multi-year sales and production forecast and to various commercial and intellectual property responsibilities under the agreement. The financial details were not disclosed.

Plant Impact plc Announces Revenue Results for the Third Quarter and Earnings Results for the Nine Months Ended April 30, 2014

Plant Impact plc announced earnings results for the three and nine months ended April 30, 2014. For the quarter, the company reported turnover was £0.58 million compared to £0.36 million in the three month period ending 31 April 2013. For the nine months, the company reported Turnover for the nine month period was £1.73 million compared to £0.71 million in the comparable prior period. Net loss was narrowed to £0.77 million compared to £1.00 million in the nine month period to 31 January 2013. The increased turnover over the nine-month period is principally due to the Company's launch of its new product Veritas™ in Brazilian soybeans.  Improvements in turnover in the last three months are the result of increased sales of newly launched products in key European markets and the appointment of new distributors in the United Kingdom, Europe and the Middle East.


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