Biome’s year end trading update revealed that revenues generated from the Bioplastics division reached a record £3.4m (2018: £1.9m). Stanelco RF Technologies (RF) on the other hand evidenced a decline in revenues of 43% as the division (as forecast by management) reverted to a more normalised level of activity following an exceptional FY2018. The outlook for FY2020 remains encouraging for Bioplastics but RF is experiencing weaker demand in the fibre optic furnace market whic
30 Jan 2020
A year of continued strong progress in Bioplastics
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A year of continued strong progress in Bioplastics
Biome Technologies PLC (BIOM:LON) | 95.0 -4.8 (-5.0%) | Mkt Cap: 3.59m
- Published:
30 Jan 2020 -
Author:
Ian Jermin -
Pages:
3
Biome’s year end trading update revealed that revenues generated from the Bioplastics division reached a record £3.4m (2018: £1.9m). Stanelco RF Technologies (RF) on the other hand evidenced a decline in revenues of 43% as the division (as forecast by management) reverted to a more normalised level of activity following an exceptional FY2018. The outlook for FY2020 remains encouraging for Bioplastics but RF is experiencing weaker demand in the fibre optic furnace market whic