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Zotefoams H1 Earnings Call Highlights
['Trevor Kearing']
Daily Political
Organic revenue increased 4%, or 6% at constant currency, according to Group CEO Ronan Cox.
Adjusted operating profit increased 34% to £16.3 million, while adjusted operating margin improved by 130 basis points to 17.1%.
Transport & Smart Technologies revenue increased 76%, becoming the company’s largest vertical, supported by aerospace, space and automotive demand.
Zotefoams expects footwear revenue to recover from 2028.
The region’s operating profit increased 22% to £16.8 million, producing a 22.8% operating margin.