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Itaconix PLC in 'important commercial ramp-up phase' - Proactive Research analyst

Proactive Research analyst Ed Stacey gives his take on Itaconix PLC's (LON:ITX) trading update for the financial year to 31 December 2019.

Stacey says the firm's reported revenue growth of 78% for the first three quarters of the year however, delays in some customer projects will mean that full-year revenue growth is expected to be below previous market expectations.

He adds that the company is in an important commercial ramp-up phase for its sustainable speciality polymers which are used as functional ingredients in household and personal care products.

Quick facts: Itaconix PLC

Price: 1.55 GBX

Market: AIM
Market Cap: £4.17 m

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