Zotefoams finals present a mixed picture. After a slow first half, when revenues grew 2%, stronger growth in H2 left overall revenues up 7% to £57.4m, helped by a strong FX tailwind. On a constant FX basis, revenues were 3% lower, with declines in Polyolefin foams and MuCell more than offsetting growth in HPP.
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Finals
Zotefoams plc (ZTF:LON) | 378 22.7 1.6% | Mkt Cap: 184.4m
- Published:
14 Mar 2017 -
Author:
Chris Thomas -
Pages:
3
Zotefoams finals present a mixed picture. After a slow first half, when revenues grew 2%, stronger growth in H2 left overall revenues up 7% to £57.4m, helped by a strong FX tailwind. On a constant FX basis, revenues were 3% lower, with declines in Polyolefin foams and MuCell more than offsetting growth in HPP.