Nanoco’s commercial ramp looks set to start this calendar year, and interest has increased since the European Commission’s (EC) ruling. However, the pathway to commercial volumes is still slower than anticipated and we are therefore substantially reducing our FY18 estimates. The market opportunity is still significant and we believe Nanoco’s competitive position should ultimately support strong growth and margins, although visibility in the early revenue ramp is inevitably l
25 Aug 2017
Further progress, but adoption slow
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Further progress, but adoption slow
Nanoco Group PLC (NANO:LON) | 19.9 -0.3 (-7.0%) | Mkt Cap: 39.5m
- Published:
25 Aug 2017 -
Author:
Dan Ridsdale -
Pages:
5
Nanoco’s commercial ramp looks set to start this calendar year, and interest has increased since the European Commission’s (EC) ruling. However, the pathway to commercial volumes is still slower than anticipated and we are therefore substantially reducing our FY18 estimates. The market opportunity is still significant and we believe Nanoco’s competitive position should ultimately support strong growth and margins, although visibility in the early revenue ramp is inevitably l