leadf
logo-loader
viewTyraTech, Inc.

Strong business growth heads off competitors, says TyraTech, Inc. chief

Life sciences group TyraTech Inc (LON:TYR) says it has shown strong growth against market competitors, an increased product line and an expanding distributor network ahead of first half results.
“All of these factors combined to make us the leading brand of head lice treatment,” says chief executive Bruno Jactel.
"These trends are anticipated to continue throughout the second half."
But it hasn’t all been smooth sailing, explains Jactel, especially with the referendum.
“Of course it came as a surprise for us, we had not planned for the Brexit vote, so we have been challenged by changes in exchange rates between the pound and the dollar, so that’s hurting our UK sales when we transfer them into dollars,” he says.
“But that doesn’t affect our underlying business in the UK. When we look at that in pounds it shows strong growth and market gain,” adds Jactel.
He says the group has had to adapt to changes in policies with big retail distributors, particularly in the US.
“We’ve been able to adapt well,” he says.
“So far what we are seeing, besides the little glitch, is a strong and healthy business.”

Quick facts: TyraTech, Inc.

Price: - -

AIM:TYR
Market: AIM
Market Cap: -
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Great Bear Resources releases 7 new drill holes from LP fault that show high...

Great Bear Resources (CVE: GBR- OTCQX: GTBAF) CEO Chris Taylor joined Steve Darling from Proactive to share details about 7 new drill holes from the LP Fault. These results part of their 25-million-dollar 2021 exploration program. Taylor telling Proactive they published 227 LP Fault drill...

1 hour, 42 minutes ago

2 min read