Metir plc Reports Strong Start to 2025 and Advances in Water Testing Technology

Microsaic Systems ( (GB:MET) ) has shared an announcement.

Metir plc has reported a strong start to 2025, with trading exceeding management expectations due to increased sales of MicroTox® LX instruments and reagents. The company is expanding its manufacturing capacity to meet rising demand and improve margins. Additionally, Metir is advancing its PFAS detection technology through successful trials and strategic partnerships, aiming to become a leader in mobile PFAS detection. The company is also progressing with its Qatar project, which will enable real-time monitoring of drinking water in Doha. Despite a tight cash position, Metir is managing its finances carefully and anticipates being EBITDA positive in the second half of 2025.

More about Microsaic Systems

Metir plc is a company specializing in the development, manufacture, and supply of microelectronics instrumentation for analytical testing in public and environmental health markets. The company has integrated the assets of Modern Water with Microsaic Systems’ technologies, offering comprehensive water testing and toxic testing capabilities, including leading PFAS detection technology. Metir’s products are available globally through direct sales and a network of distributors and partners.

Average Trading Volume: 609,465

Technical Sentiment Signal: Sell

Current Market Cap: £1.27M

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