Interims confirmed the recent trading update at CAP-XX Ltd (CPX.L), the leading designer and manufacturer of supercapacitors and energy management systems. Total revenue declined 34% to $1.6m with product sales down 40% to A$1.4m. This was attributed to supply chain bottlenecks and customer destocking. That said, management is confident that there will be a H2 rebound, given recent customer orders and design wins, and feedback from the market. The performance at the Seven Hills facility also con ....
06 Mar 2023
CAP-XX Interims
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CAP-XX Interims
CAP-XX Limited (CPX:LON) | 0.1 0 0.0% | Mkt Cap: 0.82m
- Published:
06 Mar 2023 -
Author:
David Johnson -
Pages:
2
Interims confirmed the recent trading update at CAP-XX Ltd (CPX.L), the leading designer and manufacturer of supercapacitors and energy management systems. Total revenue declined 34% to $1.6m with product sales down 40% to A$1.4m. This was attributed to supply chain bottlenecks and customer destocking. That said, management is confident that there will be a H2 rebound, given recent customer orders and design wins, and feedback from the market. The performance at the Seven Hills facility also con ....