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Plant Health Care shares flourish on thriving revenue report
Shares in Plant Health Care flourished on Wednesday as the company reported 22% growth in revenue to $7.7m.
The company, which provides patent-protected biological products to global agriculture markets said sales growth in Europe/Africa doubled, but this was offset was offset by weaker sales in Mexico due to low produce prices in the first half of the year.
North America sales grew 8%, while initial sales to Brazil were delayed due to importation issues. Plant said these would now take place in the first quaretr of 2018 with the launch into sugar cane.