The chemical technology group, focused on the acetylation of wood.
22-Nov-2017 – 81.75p – £88.5m – PER n/a
Interim Results For The 6 Months To End September 2017 – An in-line set of results.
Growing Revenues but the Profit is still lagging (or lacking, whichever you want). Seems to have enough Cash to see it through to profitability – But even the 2019 forecast (on Revenue of £74.1m) is forecast as just £2m. Still not for me.
20-Nov-2018 – 104.5p – £123.2m – PER n/a
Interim Results For The 6 Months To End September 2018 – Revenue up 10% or so and still making a loss.
Still continues to grow Revenue but the Profit is still lagging (or lacking, whichever you want). Seems to have enough Cash to see it through to profitability – But even the 2019 (Profit) forecast (on Revenue of £74.1m) is forecast as just £2m. Still not for me.
Advertisement
