Plant Health Care (PHC) 2018年年度报告「LSE」.pdf

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1、GROWING OUR BUSINESSPLANT HEALTH CARE PLCANNUAL REPORT AND ACCOUNTS 2018OverviewWE ARE A LEADING PROVIDER OF PROPRIETARY BIOLOGICAL PRODUCTS TO GLOBAL AGRICULTURE MARKETSWe offer products to improve the health,vigour and yield of major field crops such as corn,soybeans,cotton and rice,as well as spe

2、ciality crops such as fruits and vegetables.We operate globally through subsidiaries,distributors and supply agreements with major industry partners.Our innovative,patent-protected biological products help growers to protect their crops from stress and diseases,and to produce higher quality fruit an

3、d vegetables,with a favourable environmental profile.WHY INVEST IN US Leading provider of proprietary biological products for agriculture Commercial business growing at 20%CAGR;generating cash from 2018 on Validated technology platforms with strong IP estate:Plant Response Elicitors PREtec Launching

4、 PREtec products from 2021 onwards Management highly experienced in agricultural R&D,licensing and sales Targeting cash positive in 2020 within existing cash reserves;strict control of expensesVisit our new website:Access the online annual report:Strategic report1 Highlights2 2018 in review4 At a gl

5、ance6 Our products and technologies8 Chairmans letter14 Business model15 Strategy16 Key performance indicators(“KPIs”)18 Principal risks and uncertainties20 Financial reviewCorporate Governance23 Board of Directors24 Corporate governance report28 Audit Committee report29 Remuneration Committee repor

6、t32 Directors report34 Statement of Directors responsibilitiesFinancial statements36 Independent auditors report41 Consolidatedstatementofcomprehensiveincome42 Consolidatedstatementoffinancialposition43 Consolidatedstatementofchangesinequity44 Consolidatedstatementofcashflows45 Notesformingpartofthe