Iofina PLC (AIM:IOF, OTC:IOFNF, FRA:IF7) Tom Becker joins Proactive London to explain what drove their record revenue and profit in the first half.
Debt also fell in the first half of the year despite production outages caused by extreme weather and reduced brine supply.
He also talks about the markets, the company expects demand for iodine and its end-use products to improve as customer markets continue to recover.
In the first six months of 2021, revenue came in at US$19.9mln, an increase of 27% on the same period a year earlier as the revised production target was hit and there was sufficient production and reserves to take advantage of demand.