Proactive - Interviews for investors

Eden Research eyes more growth with label extensions and approvals

Episode Summary

Eden Research PLC (AIM:EDEN, OTCQB:EDNSF) CEO Sean Smith takes Proactive's Stephen Gunnion through the company's strong performance in the first half of the year, including a 65% jump in revenue to £1.89 million. Smith highlighted the key role of regulatory approvals in driving growth, with recent wins in markets like California, Spain, and Germany expanding Eden Research's reach. He emphasised that regulatory hurdles are both challenging and crucial, as they unlock significant new markets for products like Mevalone. Smith also discussed the company’s partnership with Sipcam for exploring opportunities in South America and its work with Corteva on the Ecovelex project, which targets key agricultural markets like Italy. Eden Research is pursuing additional emergency approvals for 2025, which could further boost growth. "We're very pleased with some of the more recent label extensions, for example, the Spanish label extension, which is really quite significant," said Smith, reinforcing the company’s focus on replicating these successes in other regions. With an expanded commercial and regulatory team, Eden Research aims to meet its full-year targets by continuing to grow its product portfolio and secure key approvals. Visit Proactive's YouTube channel for more videos like this. Don’t forget to give the video a like, subscribe to the channel, and enable notifications for future updates. #EdenResearch #AgricultureInnovation #RegulatoryApprovals #BioControl #Mevalone #Corteva #RevenueGrowth #Agribusiness #PlantProtection #SustainableFarming #CEOInterview #ProactiveInvestors #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews