Zotefoams have reported solid interim results inline with commentary from the Q1 trading update with topline growth reverting to trend but positive mix shift resulting in gross margin expansion. The Group has indicated it expects to meet market expectations for the year, which considering the current economic and geopolitical environment, we see as a strong endorsement of Zotefoams’ strong product and market positioning. That said, the Zotefoams’ story is not about 2019 and with s
06 Aug 2019
Zotefoams – Solid results in a troubled world
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Zotefoams – Solid results in a troubled world
Zotefoams plc (ZTF:LON) | 337 -20.2 (-1.8%) | Mkt Cap: 164.6m
- Published:
06 Aug 2019 -
Author:
Andrew Simms -
Pages:
5
Zotefoams have reported solid interim results inline with commentary from the Q1 trading update with topline growth reverting to trend but positive mix shift resulting in gross margin expansion. The Group has indicated it expects to meet market expectations for the year, which considering the current economic and geopolitical environment, we see as a strong endorsement of Zotefoams’ strong product and market positioning. That said, the Zotefoams’ story is not about 2019 and with s