Spectra Systems Corporation PLC CEO Nabil Lawandy caught up with Proactive New York to speak about the group's record interim profits and the first order for its technology to be used in Keurig K-cup disposable coffee pods.
Lawandy says interim half year results showed revenue rise by 23% to $8M compared to 2020, with underlying profits 44% higher at $3.56M and pre-tax profits up 52% to $3M, and cash generated from operations almost doubled to $4.4M. Lawandy says a new customer in its optical materials area will 'double the business.'
