Sign In  |  Register  |  About Menlo Park  |  Contact Us

Menlo Park, CA
September 01, 2020 1:28pm
7-Day Forecast | Traffic
  • Search Hotels in Menlo Park

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Iofina records "another great first half of the year"

--News Direct--

Iofina PLC (AIM:IOF, OTC:IOFNF) CEO Dr Tom Becker speaks to Thomas Warner from Proactive after the iodine producer published interim results for the six months to 30 June 2023. He gives an overview of the results, reporting record revenues of £24.3 million and EBITDA of just under £6 million.

Becker describes it as "another great first half of the year" and attributes the success to strategic execution, including production growth in legacy plants and the development of new compounds.

The successful launch of IO-9, with water flowing through the plant, marked a significant milestone. Plans for IO-10 and beyond are underway, with expectations to double iodine production in the next two to four years.

Becker emphasises a commitment to continued growth, not only through new plant additions but also by exploring value-added products and resource isolation methods. He also notes that the company has made strategic hires in sales, marketing, and geology to expand market reach.

Contact Details

Proactive UK Ltd

+44 20 7989 0813

uk@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/iofina-records-another-great-first-half-of-the-year-298314585

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 MenloPark.com & California Media Partners, LLC. All rights reserved.