24 Sep 2021
Symphony Environmental (SYM LN) - Building blocks in place
Symphony has reported significant product development and regulatory approval. Most notably it has received enhanced US Food & Drug Administration (FDA) and Health Canada approval for introduction of d2p anti-microbial technology for bread packaging in these markets. Our analysis shows the total market in North America for bread products is valued at c.$24bn each year. In the recent H1 statement, the Group reported revenue growth of 13% to £5.4m (at constant FX) but a loss before tax of £0.6m (i ....
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Symphony Environmental (SYM LN) - Building blocks in place
Symphony Environmental Technologies plc (SYM:LON) | 8.5 0.1 13.3% | Mkt Cap: 20.1m
- Published:
24 Sep 2021 -
Author:
Robin Byde -
Pages:
14 -
Symphony has reported significant product development and regulatory approval. Most notably it has received enhanced US Food & Drug Administration (FDA) and Health Canada approval for introduction of d2p anti-microbial technology for bread packaging in these markets. Our analysis shows the total market in North America for bread products is valued at c.$24bn each year. In the recent H1 statement, the Group reported revenue growth of 13% to £5.4m (at constant FX) but a loss before tax of £0.6m (i ....