Biome, the Bioplastics and RF Technology business, has published its interim results to June 2019 and has announced a conditional placing to raise £1.3m at 300p to fund an acceleration of growth within the Bioplastics division. Several high-quality projects have completed their development phase and are due to launch in FY2019 and FY2020. Consequently, we anticipate that Bioplastics will generate considerably higher revenues from FY2019 onwards as these projects, which are based on a co
12 Sep 2019
Interims & £1.3m placing to fund bioplastic growth
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Interims & £1.3m placing to fund bioplastic growth
Biome Technologies PLC (BIOM:LON) | 95.0 0 0.0% | Mkt Cap: 3.59m
- Published:
12 Sep 2019 -
Author:
Ian Jermin -
Pages:
8
Biome, the Bioplastics and RF Technology business, has published its interim results to June 2019 and has announced a conditional placing to raise £1.3m at 300p to fund an acceleration of growth within the Bioplastics division. Several high-quality projects have completed their development phase and are due to launch in FY2019 and FY2020. Consequently, we anticipate that Bioplastics will generate considerably higher revenues from FY2019 onwards as these projects, which are based on a co