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LONDON - Metir plc (AIM:MET), a provider of water and environmental testing technology, announced today that it will not publish its Annual Report and Accounts for the year ended December 31, 2024, by the expected deadline of July 4, 2025.
The company attributed the delay to "increased IFRS reporting requirements" related to the incorporation of two new trading subsidiaries and complexities from international operations in multiple currencies. Metir expects to publish the report by July 11, 2025.
The company’s shares remain suspended from trading on AIM pending the publication of the annual report.
In the same announcement, Metir stated that trading in the first half of 2025 is "significantly stronger than recent prior periods," driven by sales of MicroTox® LX instruments and associated reagent sales. The company plans to provide a further update on half-year trading by the end of July.
Metir describes itself as a provider of mobile and point-of-use water and environmental testing technology through its Modern Water and Microsaic Systems divisions.
The information was provided in a press release statement from the company, which is headquartered in York, UK.
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