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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 and larger projects being delayed.
Turnover for the first three quarters of the year was £700,000, up 78% on the comparable period last year. Revenues in the second half will be higher than the first six months.
 

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Price: 1.5499 GBX

AIM:ITX
Market: AIM
Market Cap: £4.17 m
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Itaconix PLC's John Shaw on expanded supply agreement with Croda

Itaconix PLC's (LON:ITX) John Shaw tells Proactive London's Andrew Scott they've expanded its existing global supply agreement with FTSE 100 chemicals company Croda International Plc (LON:CRDA). Shaw says they'll receive a US$60,000 milestone payment from Croda in exchange for adding ZINDOR...

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