Tristel (TSTL)

Sector:

Health Care

Index:

FTSE AIM 100

354.76p
   
  • Change Today:
    -3.24p
  • 52 Week High: 500.00
  • 52 Week Low: 270.00
  • Currency: UK Pounds
  • Shares Issued: 47.71m
  • Volume: 15,978
  • Market Cap: £169.26m
  • RiskGrade: 180

Tristel's ULT disinfectant gains traction with Mayo Clinic study

By Josh White

Date: Wednesday 09 Apr 2025

LONDON (ShareCast) - (Sharecast News) - Tristel reported growing traction for its 'Tristel ULT' disinfection foam in North America on Wednesday, underpinned by positive feedback from leading healthcare institutions and steady sales growth.
The AIM-traded company highlighted the publication of a new case study from the Mayo Clinic, presented at the AORN Global Surgical Conference in Boston.

It said the study evaluated the use of Tristel ULT over a 90-day period involving 189 ultrasound probe reprocessing procedures by 11 staff members.

No surgical site infections were reported during the trial.

The study described the foam-based high-level disinfection (HLD) method as effective, efficient, and cost-saving, with benefits including reduced reprocessing time and less probe damage.

Tristel said the Mayo Clinic trial added to a growing body of US evidence supporting its chlorine dioxide-based technology, following its recognition in an updated ANSI/AAMI standard published in February.

It also built on a separate white paper released in May last year by US urologist Dr Matthew Allaway, which outlined the product's advantages in busy urology settings.

Tristel said sales of ULT in North America were continuing to grow in line with internal expectations, supported by increased adoption and usage within existing customer accounts.

As of the end of the third quarter, the product had been used in more than 200,000 disinfection procedures in the region during the current financial year.

"We are delighted to see such positive feedback on the use of Tristel ULT in clinical practice at the renowned Mayo Clinic," said chief executive officer Matt Sassone.

"As a leading US hospital, the Mayo Clinic pride themselves in excellence and are always seeking to adopt the best possible practices in infection control.

"To have them present this poster to the thousands of perioperative professionals who attend this conference is a great support to our plans to wider drive adoption in the US."

Sassone said the company was confident in its continued momentum across North America, and was looking forward to US revenues becoming substantial in the coming years.

"As Tristel ULT is manufactured in the United States by our partner, Parker Labs, we're confident that the newly announced tariffs will have no adverse impact on our pricing or sales performance in North America."

At 1227 BST, shares in Tristel were up 3.7% at 280p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Tristel Market Data

Currency UK Pounds
Share Price 354.76p
Change Today -3.24p
% Change -0.90 %
52 Week High 500.00
52 Week Low 270.00
Volume 15,978
Shares Issued 47.71m
Market Cap £169.26m
RiskGrade 180

Tristel Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.32% below the market average94.32% below the market average94.32% below the market average94.32% below the market average94.32% below the market average
87.88% below the sector average87.88% below the sector average87.88% below the sector average87.88% below the sector average87.88% below the sector average
Price Trend
36.35% below the market average36.35% below the market average36.35% below the market average36.35% below the market average36.35% below the market average
29.73% below the sector average29.73% below the sector average29.73% below the sector average29.73% below the sector average29.73% below the sector average
Income
22.68% above the market average22.68% above the market average22.68% above the market average22.68% above the market average22.68% above the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average
Growth
83.50% above the market average83.50% above the market average83.50% above the market average83.50% above the market average83.50% above the market average
88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tristel Dividends

  Latest Previous
  Interim Final
Ex-Div 20-Mar-25 28-Nov-24
Paid 11-Apr-25 20-Dec-24
Amount 5.68p 8.28p

Trades for 03-Jun-2025

Time Volume / Share Price
09:17 830 @ 352.00p
09:12 773 @ 353.00p
09:11 6,000 @ 350.00p
09:11 1 @ 370.00p
09:11 13 @ 350.00p

Tristel Key Personnel

Finance Director Elizabeth Dixon
CEO Matthew (Matt) Giovanni Sassone

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