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Directa Plus inks high performance textiles deal with Alfredo Grassi

Giulio Cesareo, chief executive of Directa Plus Plc (LON:DCTA) caught up with Proactive's Andrew Scott on the back of their interims.

Cesareo says he's expecting a much stronger second half following on from the commercial progress they've made in the opening six months of the year.

Revenues fell to €0.3mln (H1 2016: €0.4mln) due to a reduction in volume of sales into the bicycle tyre market, but Directa expects to double that figure in the second half.

Giulio Cesareo also discusses their new supply contract with Alfredo Grassi  for G+ that is expected to net the company €0.6mln over the next 18 months.

Quick facts: Directa Plus PLC

Price: 73.5 GBX

Market: AIM
Market Cap: £44.83 m

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Full interview: Directa Plus PLC testing its enhanced asphalt in Oxfordshire

Graphene specialist Directa Plus PLC's (LON:DCTA) Giulio Cesareo speaks to Proactive London's Andrew Scott after announcing they're testing its enhanced asphalt on a section of road in Oxfordshire.  The trial involves the refurbishment of the two upper layers of a 750m long section of...

3 weeks, 5 days ago

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