Proactive Research analyst Ed Stacey gives his take on 's () 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.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Itaconix PLC named herein, including the promotion by the Company of Itaconix PLC in any Content on the Site, the Company receives from said...
FOR OUR FULL DISCLAIMER CLICK HERE