Iofina PLC

Iofina highlights record production and earnings for 2018 as Iodine prices strengthen

Iofina PLC's (LON:IOF) Tom Becker tells Proactive London's Andrew Scott 2018 was a record year for the business on the back of increased iodine production at their IOsorb plants in Oklahoma.

It reported record earnings (EBITDA) for the year ended 31 December of US$2.6mln - 89% higher than the prior year - while revenues climbed 15% to US$24mln.

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Price: £0.29

Market: LSE
Market Cap: £55.64 m

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Full interview: Iofina starts construction of its next iodine extraction...

Iofina PLC's (LON:IOF) Tom Becker tells Proactive London's Andrew Scott they've found a partner to supply brine for their next iodine extraction plant in the US with construction to start immediately. Known as IO#8, the new plant is in a different part of Oklahoma from its four existing sites...

2 days, 14 hours ago

2 min read