18 May 2016
Positive AGM statement
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Positive AGM statement
Zotefoams plc (ZTF:LON) | 436 -17.4 (-0.9%) | Mkt Cap: 214.7m
- Published:
18 May 2016 -
Author:
Singer CM Team -
Pages:
3 -
Today’s update reads well, confirming that the Board expects another year of progress in 2016. We will be retaining our forecasts and believe that Zotefoams is well positioned to deliver continued strong growth over the medium term. The outlook for the core polyolefins business is as positive as it has been for many years with new capacity coming on stream next year. We also see real momentum building on the MuCell side of the business, which we expect to move to profitability over the forecast horizon.