LONDON (ShareCast) - 1st Dental Laboratories jumped to its highest in around four months after the firm which supplies dental lab products narrowed full year losses and said solid progress should continue in 2008.

The company reduced its loss for the year ended 30 November 2007 to £44,000 from £1.66m a year ago, although sales fell by almost 9% to £11.01m, mainly due to the drop-off in work following the changes to dentists' contracts last year.

“The disruption that was experienced with our NHS client base from April 2006 with the changes in the primary care trust contracts does eventually seem to have concluded and now good solid order flows are being experienced,” said executive chairman Andrew Garner.

“We can see very real and solid progress during 2007 and see no reason why this cannot continue throughout 2008,” he added.

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