Zotefoams has issued a trading update ahead of its AGM today, confirming that it is trading in-line with expectations. The first four months to end April has seen continued year-on-year growth with margins benefiting from prior year price increases, operational efficiencies and a stronger dollar. The general cost environment has eased with LDPE now stable, but still above historic averages, whilst energy prices have also fallen. Further sales growth is expected in the year from HPP products with ....
24 May 2023
In-line AGM update
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In-line AGM update
Zotefoams plc (ZTF:LON) | 378 22.7 1.6% | Mkt Cap: 184.4m
- Published:
24 May 2023 -
Author:
Richard Hickinbotham -
Pages:
3
Zotefoams has issued a trading update ahead of its AGM today, confirming that it is trading in-line with expectations. The first four months to end April has seen continued year-on-year growth with margins benefiting from prior year price increases, operational efficiencies and a stronger dollar. The general cost environment has eased with LDPE now stable, but still above historic averages, whilst energy prices have also fallen. Further sales growth is expected in the year from HPP products with ....