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1st Dental Laboratories

  • BY: Andrew Hore |
  • POSTED: 13/07/2009 |

1st Dental Laboratories says that its new sales force are doing even better than hoped.

The sales team has recruited 102 new clients by the end of June 2009. Interim revenues improved by 5.5% even though management believes that the market could have declined by one-fifth. The new sales team has increased costs and the benefits are just coming through.

The dental laboratories operator says that interim figures to May 2009 will be broadly in line with directorsí expectations. The interim loss will be lower than last year when 1st Dental reported a loss of £141,000.

The Blackpool and Stourport businesses have stemmed their decline and Stourport made a positive contribution in the first half. The online business has doubled its revenues.

1st Dental has switched nominated adviser and broker from Seymour Pierce to Astaire. The company changed from Astaire, then known as Corporate Synergy, two years ago.

The interim figures will be published on 20 August 2009.

At 4.25p a share, 1st Dental is valued at £1.79m.

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