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by Proactive
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Spectra Systems CEO speaks to 'phenomenal' year of growth for the banknote authentication provider

Spectra Systems CEO speaks to 'phenomenal' year of growth for the banknote authentication provider

Spectra Systems Corporation (LON:SPSY) CEO Nabil Lawandy tells Proactive the group has had 'the best year ever' in terms of demand for banknote covert materials, where it received the largest order ever in company history.

Speaking on its full year results, Lawandy says the group has had a 'phenomenal' year, where revenue increased by 11% from 2019 to $14.6M.

The group notes the £2.40/share Lawandy mentions, is the share valuation from broker WH Ireland in its October 2020 report.

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