OTAQ has reported impressive FY2020 results ahead of expectations, with revenue increasing +117% to £3.42m (2019: £1.58m) and +73% organically. Within this, Aquaculture continued its impressive growth at +43% with £1.9m from product rentals and a further £0.2m from product sales while the new divisions Offshore contributed £0.62m and Connectors £0.70m. The Group's Sealfence product increased its market-leading position in Scotland to a 40%+ share and has ma
27 Jul 2020
Strong start to public life
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Strong start to public life
OTAQ plc (OTAQ:PLU) | 2.2 0 0.0% | Mkt Cap: 2.89m
- Published:
27 Jul 2020 -
Author:
Thomas Like -
Pages:
17
OTAQ has reported impressive FY2020 results ahead of expectations, with revenue increasing +117% to £3.42m (2019: £1.58m) and +73% organically. Within this, Aquaculture continued its impressive growth at +43% with £1.9m from product rentals and a further £0.2m from product sales while the new divisions Offshore contributed £0.62m and Connectors £0.70m. The Group's Sealfence product increased its market-leading position in Scotland to a 40%+ share and has ma