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Itaconix looking to scale the business now the foundations are in place

Itaconix Plc (LON:ITX) CEO John Shaw talks Proactive London's Andrew Scott through the firm's first half 2019 trading update.

Revenues grew 59% year-on-year in the period while underlying losses to narrowed significantly.

Importantly for a company in the early stages of its commercial journey, Itaconix was sitting on £1.5mln of cash at the end of last month.

Quick facts: Itaconix PLC

Price: 1.6 GBX

AIM:ITX
Market: AIM
Market Cap: £4.31 m
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Polymers specialist Itaconix 'accelerating' revenue post trading update

Polymers specialist Itaconix (LON:ITX) tells Proactive London it will accelerate “key revenue opportunities” on the back of its figures announcement today. CEO John Shaw acknowledges Itaconix's full-year sales are below current market expectations but explains this is due to fast company growth...

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