Positive Trading Update

In brief · summary, not quotable

Tristel plc has announced a positive trading update for the year ended 30 June 2026, with results aligning with market expectations. The company reported a 10% increase in revenues to £51.1 million, up from £46.5 million in the prior year, and adjusted profit before tax grew by 14% to no less than £11.5 million, slightly exceeding market forecasts. Tristel maintained its debt-free status and strong cash generation, with cash balances reaching £16.0 million. The adjusted EBITDA margin remained comfortably above the 25% target, underscoring the company's consistent performance and capacity for international growth.

Full announcement

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Tristel plc (AIM: TSTL), the manufacturer of infection prevention products, announces a trading update for the year ended 30 June 2026 ("FY 2026"). The Company confirms another year of significant growth with results expected to be in line with market expectations1 and the Company's own performance targets.

FY 2026 Financial Highlights

Revenues up 10% to £51.1m (FY 2025: £46.5m)
Adjusted EBITDA margin remains comfortably above the 25% target
14% growth in adjusted profit before tax2 which is expected to be no less than £11.5m, marginally above market expectations (FY 2025: £10.1m)
Tristel continues to be debt free and cash generative which supports continued growth in overseas territories
Cash balances on 30 June 2026 were £16.0m (30 June 2025: £12.8m)

1 Management understands consensus forecasts for FY 2026 to be revenues of £51.1m and adjusted PBT of £11.4m

2 Adjusted for share-based payments, exceptional items and Research and Development tax credit

Anna Wasyl, Chief Financial Officer and Interim CEO of Tristel, commented: "We are delighted to deliver another year of significant growth with strong demand for our infection prevention products globally.

"We continue to meet our performance targets of delivering double-digit revenue growth each year, and maintaining adjusted EBITDA margins of at least 25%. We remain debt-free, cash-generative, and confident in our ability to continue to sustain this momentum in the years ahead.

"We are very excited to welcome our new CEO, Chris Lee, to the Company on 1 August, and we look forward to his contribution to the business as we drive further growth and overseas expansion in the new financial year."

Performance targets

The Company targets delivering double-digit revenue growth annually, an adjusted EBITDA margin of at least 25% and a continuing progressive year-on-year growth in dividends, underpinned by robust cash generation.

The Company has been listed on the London Stock Exchange's AIM market since 2005 (AIM: TSTL).

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.