Leaner Byotrol making progress says new boss

BYOTROL, the pioneer and producer of a long-lasting and safe
anti-microbial cleaning product, has announced reduced half year losses and a 7% rise in sales.

The Daresbury company, which supplies the food, industrial, healthcare and consumer sectors and counts high street giant Marks & Spencer among its customers, said it had cut underlying losses to £392,743 from £518,929 as a result of becoming a leaner operation. Administrative costs were cut  by 7% in the period from £1.4m to £1.3m.

Turnover increased to £1.7m from £1.6m last year.

New chief executive David Traynor said the company is well placed to make progress following the acquisition this year of its partners in its consumer products division.

He said: “Byotrol’s financial performance continues to improve.  Our professional and consumer businesses are both growing and our product range is increasing. The combination – and subsequent reorganisation – of Byotrol’s professional and consumer product businesses will create a leaner, stronger platform for growth.  

“We believe we are now making good progress in creating a business best-suited to delivering on the potential of our technology.”

Mr Traynor said the previous split between Byotrol’s consumer and professional divisions had been impeding growth and generating “unnecessary cost and overlap”, which had need to be corrected.