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Sun. Jul 14th, 2024

The sustainable growth wave of Plant Health Care

By Vaseline May31,2024

Plant health care (GB:PHC) has released an update.

Plant Health Care PLC reports a 72% increase in sales in early 2024, with notable improvement in operating loss and steady gross margin, supported by strong sales of its sustainable agricultural products Harpinαβ and PREtec. The company’s focus on new organic products continues to gain traction internationally, with significant sales growth outside the US, especially in Brazil and Mexico, and new product launches poised to further drive sales growth. Amid a challenging environment, Plant Health Care’s strategic moves in product development and market expansion indicate robust potential for stakeholders.

For more insight into GB:PHC stock, check out TipRanks’ Stock Analysis Page.

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