Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

Haydale Graphene expects recovery after tougher than expected 2017

Ray Gibbs, chief executive of Haydale Graphene Industries PLC (LON:HAYD), tells Proactive Investors they're expecting to generate revenues of between £3.45mln and £3.60mln for its current financial year.

He says they made 'significant progress' in the year but suffered in the second half from a combination of timing differences of recognising revenue before the financial year end and longer than anticipated lead times by customers to reach commercial volumes.

Gibbs thanks shareholders for their support over the period and adds: ''It's taken a little longer than we thought, that's not an unusual thing to happen in business but we're on track to get to some serious growth''.

 
Meet Anglo Asian Mining PLC, Jersey Oil and Gas PLC, Europa Oil & Gas (Holdings) Plc, ANGLE plc and Eurasia Mining plc at our event, Dublin , 22 November 2018. Register here »
View full HAYD profile View Profile

Haydale Graphene Industries PLC Timeline

Newswire
September 11 2018
Newswire
September 05 2018

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use