Interims show good progress, with strong underlying sales growth, albeit against weak comparators, combined with the benefits to revenues and profits from FX tailwinds. Constant currency revenues grew 14% and, with FX tailwinds, reported revenues grew 25% to £33.84m, with all business units delivering sales growth. Operating profits before exceptional items grew 23% to £4.10m and excluding the amortisation of acquired intangibles, non cash FX translation loss and an inventory writ
08 Aug 2017
Interims – Strong growth, investing for the future
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Interims – Strong growth, investing for the future
Zotefoams plc (ZTF:LON) | 379 0 0.0% | Mkt Cap: 185.1m
- Published:
08 Aug 2017 -
Author:
Chris Thomas -
Pages:
4
Interims show good progress, with strong underlying sales growth, albeit against weak comparators, combined with the benefits to revenues and profits from FX tailwinds. Constant currency revenues grew 14% and, with FX tailwinds, reported revenues grew 25% to £33.84m, with all business units delivering sales growth. Operating profits before exceptional items grew 23% to £4.10m and excluding the amortisation of acquired intangibles, non cash FX translation loss and an inventory writ