Biome continues to make encouraging progress on all fronts with the Group reporting its maiden half year profit before tax. Currently, most of this momentum is being generated by the strong demand for fibre optic furnaces within the RF division which reported revenue up 99% year-on-year (yoy). However, the longer-term potential and exciting growth opportunities lie within the Bioplastics division. Although Bioplastics revenue in first half was 25% lower yoy we do not believe this is representati ....
03 Sep 2018
An increasingly positive outlook for both divisions
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An increasingly positive outlook for both divisions
Biome Technologies PLC (BIOM:LON) | 100 0 0.0% | Mkt Cap: 3.78m
- Published:
03 Sep 2018 -
Author:
Ian Jermin -
Pages:
4
Biome continues to make encouraging progress on all fronts with the Group reporting its maiden half year profit before tax. Currently, most of this momentum is being generated by the strong demand for fibre optic furnaces within the RF division which reported revenue up 99% year-on-year (yoy). However, the longer-term potential and exciting growth opportunities lie within the Bioplastics division. Although Bioplastics revenue in first half was 25% lower yoy we do not believe this is representati ....