Directa Plus has reported a robust set of interim results with an improved margin and FCF performance, despite lower yoy revenues due to contract delays. H1’23 revenues decreased 17% yoy, but DCTA reported a second successive period of lower FCF burn as the business transitions from its previous R&D focus, to a new commercial strategy focused on end markets where graphene has near-term potential. The period reported did not benefit from any of the well flagged opportunities within Grafysorber, h ....

27 Sep 2023
H1’23: A strong order book and improved margins

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H1’23: A strong order book and improved margins
Directa Plus Plc (DCTA:LON) | 7.1 0 0.0% | Mkt Cap: 7.44m
- Published:
27 Sep 2023 -
Author:
Singer CM Team -
Pages:
3 -
Directa Plus has reported a robust set of interim results with an improved margin and FCF performance, despite lower yoy revenues due to contract delays. H1’23 revenues decreased 17% yoy, but DCTA reported a second successive period of lower FCF burn as the business transitions from its previous R&D focus, to a new commercial strategy focused on end markets where graphene has near-term potential. The period reported did not benefit from any of the well flagged opportunities within Grafysorber, h ....