Symphony Environmental has reported FY December 2019 results. Whilst the Company did experience a single digit fall in revenues, this has been well trailed in previous announcements, relating to inventory adjustments by some customers waiting for legislative clarification in certain markets. The Company did move into loss making territory (£0.6m at the operating level), but the balance sheet was able to more than adequately absorb this aided by the £1.9m strategic equity investmen
26 May 2020
Strong trading, good momentum in anti-microbial d2p, opinion on plastic usage & waste streams moving SYM’s way.
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Strong trading, good momentum in anti-microbial d2p, opinion on plastic usage & waste streams moving SYM’s way.
Symphony Environmental Technologies plc (SYM:LON) | 3.5 0 0.0% | Mkt Cap: 7.15m
- Published:
26 May 2020 -
Author:
Derren Nathan -
Pages:
8
Symphony Environmental has reported FY December 2019 results. Whilst the Company did experience a single digit fall in revenues, this has been well trailed in previous announcements, relating to inventory adjustments by some customers waiting for legislative clarification in certain markets. The Company did move into loss making territory (£0.6m at the operating level), but the balance sheet was able to more than adequately absorb this aided by the £1.9m strategic equity investmen