Interim results confirm that the recovery in gross margin continues, while the recently announced collaboration agreement with Wesco provides evidence of commercial traction, with a new hub in the important North American aerospace market now being planned. This relationship has the potential to be game-changing for the company and its ability to scale up. Investment in new facilities is being stepped up. We retain our existing forecasts and 50p price target.
24 Jun 2019
Velocity Composites - Interims: Stabilised trading and positive Wesco deal

