New managing director Nigel Spring is starting to improve the performance of 1st Dental Laboratories but the full year figures will be disappointing.
The Stourport and Blackpool laboratories are recovering and both are now profitable. Some parts of the business are growing, particularly in the Midlands and Yorkshire. A new sales force has been hired.
The online business eteeth achieved record turnover in recent months. The product range will be expanded.
A 0.125p decline in share price to 4.25p each, values 1st Dental at £1.79m.
Results for the year to November 2008 will be released on 11 February 2009.
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