Puricore, the "green cleaning" company, has seen its share price rise 9% this morning on the back of two order wins.
The first, with a top-five US supermarket chain, is valued at $2.3m. The second, with the Greater Glasgow Health Board, is worth £484,000.
Puricore developes and sells systems to "kill infectious pathogens without causing harm to human health or the environment".
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The company's products are used in markets that depend upon controlling contamination, including food retail and medical device disinfection.
Puricore now says it expects "to end 2011 with US orders for approximately 500 systems valued at more than $6 million." UK orders are expected to hit $1.8m.
Despite this good news, NHS cuts have driven Puricore's stock down 35% so far this year.
BS
-
Is Donald Trump's re-election a wake-up call for Europe?Donald Trump will turbocharge the US economy – and expose Europe's weakness
-
German chancellor Olaf Scholz's coalition collapses – what went wrong?EU Economy After Olaf Scholz fired a key minister, Germany's coalition has collapsed. But political turmoil in the country couldn’t have come at a worse time
