Zotefoams has three distinct businesses at different stages of development, all of which offer excellent, long-term growth prospects. Profits are being held back by investments in growth initiatives but the benefits of these should start to come through from 2017. As a major exporter, there should be strong profit tailwinds from FX in 2017, which could boost forecasts. We remain enthusiastic about the long term growth prospects.
09 Jan 2017
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Zotefoams plc (ZTF:LON) | 391 11.7 0.8% | Mkt Cap: 191.0m
- Published:
09 Jan 2017 -
Author:
Chris Thomas -
Pages:
8
Zotefoams has three distinct businesses at different stages of development, all of which offer excellent, long-term growth prospects. Profits are being held back by investments in growth initiatives but the benefits of these should start to come through from 2017. As a major exporter, there should be strong profit tailwinds from FX in 2017, which could boost forecasts. We remain enthusiastic about the long term growth prospects.