SYM has made significant commercial progress in recent months, announcing two major orders for the d2p product. That said, as reported today in a pre-close update, H1 revenue was £3m against £4.9m in H121a. Revenue was hit by short-term logistics disruption, reduced glove sales and some deliberate slowing of d2w order intake to accommodate a switch to local manufacturing in the key Middle East market. These issues are now largely resolved and with a strong pipeline, particularly for d2p product, ....
01 Aug 2022
Symphony Environmental (SYM LN) - Good commercial progress, placing raises £1m
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Symphony Environmental (SYM LN) - Good commercial progress, placing raises £1m
Symphony Environmental Technologies plc (SYM:LON) | 3.2 0 0.0% | Mkt Cap: 7.32m
- Published:
01 Aug 2022 -
Author:
Robin Byde -
Pages:
11
SYM has made significant commercial progress in recent months, announcing two major orders for the d2p product. That said, as reported today in a pre-close update, H1 revenue was £3m against £4.9m in H121a. Revenue was hit by short-term logistics disruption, reduced glove sales and some deliberate slowing of d2w order intake to accommodate a switch to local manufacturing in the key Middle East market. These issues are now largely resolved and with a strong pipeline, particularly for d2p product, ....