Interim Report for the Six Months Ended 30 June 2023
Strong sales growth and recovery in gross margin drives record H1 profit Results highlights Group revenue of £64.6m, 9% higher year-on-year (HY 2022: £59.0m) High-Performance Products (HPP) sales up 11% to £26.4m (HY 2022: £23.7m) Polyolefin foams sales up 10% to £37.7m (HY 2022: £34.3m) Improved gross margin, up to 32.8% from 28.9% Profit before
Joint development agreement for ReZorce® beverage cartons
Zotefoams, a world leader in cellular materials technology, is pleased to announce a joint development agreement (“JDA”) with a world-leading packer of beverages. Following successful internal trials, this agreement encompasses the further development of Zotefoams’ ReZorce® mono-material beverage carton packaging, and its planned use in in-market trials for a major European retailer. The JDA covers
Silicone Expo, October 4-5 2023, Detroit, Michigan, USA, booth 901
As our first time exhibiting at Silicone Expo, we will showcase the ZOTEK® F high-performance foam range. ZOTEK F is made from high grade polyvinylidene fluoride (PVDF), offering a lightweight alternative or companion to silicone. Benefits include exceptional versatility and significant weight savings, improving carbon footprint whilst never compromising on product performance.
Trading Update and Chair Succession
24 May 2023 – Zotefoams, a world leader in cellular materials technology, today provides a trading update for the four months ended 30 April 2023, ahead of its Annual General Meeting to be held today at 10am at 675 Mitcham Road, Croydon, CR9 3AL. At this meeting Steve Good, Chair of Zotefoams, will make the following statement: Trading in the four months ended 30 April 2023
Reducing the carbon footprint of pharma manufacturing with high-performance insulation for cleanrooms and utility areas
With businesses the world over focusing on reducing energy consumption for both environmental and cost-saving purposes, T-FIT® Insulation, a business unit of Zotefoams plc, will showcase its most extensive range yet of high-performance insulation options for pharmaceutical and biotech manufacturers on booth 2158. The company’s flagship product for the sector, T-FIT Clean cleanroom insulation, will
Preliminary Results (unaudited) for the Year Ended 31 December 2022
“Strong sales growth and much improved margins generate record revenues and profits ahead of initial expectations.” 21 March 2023 – Zotefoams plc (“Zotefoams” or “the Company” or “the Group”), a world leader in cellular material technology, today announces its unaudited preliminary results for the year ended 31 December 2022. Financial highlights
Zotefoams Trading Update – 19 January 2023
Strong performance and record profits 19 January 2023 – Zotefoams, a world leader in cellular materials technology, today provides a trading update for the Group’s financial year ended 31 December 2022 (unaudited). The strong trading performance reported in the Group’s update of 15 December 2022 continued through to the end of the year and, as
Zotefoams today announces details of changes to its Board of Directors.
In line with the provisions of the UK Corporate Governance Code, the term of office of the existing Chair of the Company, Steve Good, is due to end in 2023. Following an assessment of the Board’s existing skillsets against those required to deliver the Company’s strategy, a search process led by the Senior Independent Director
NBAA, October 17 – 19, 2023, Las Vegas, USA, Stand C11322
NBAA is the most influential business aviation trade show in the United States. Zotefoams plc is the world’s largest manufacturer of the lightest cross-linked, closed cell, polyolefin block foams available to the aviation market. We will be displaying products from both our AZOTE® and ZOTEK® ranges. The ZOTEK F OSU product line combines outstanding FST
Foam Expo China, 1–3 November, Shanghai, China, Stand – 321
More information to come soon… Find out more about the show here.
Interphex, April 16 – 18 2024, Javits Center, NYC, USA, Stand 2814
INTERPHEX 2024 is a leading exhibition and conference for pharmaceutical manufacturing. T-FIT® Insulation, a business unit of Zotefoams plc, will showcase the exceptional performance benefits of T-FIT® Clean foam insulation, the pharmaceutical cleanroom insulation of choice.
Aircraft Interiors, May 28 – 30 2024, Hamburg, Germany, stand 7A57
Aircraft Interiors Expo is the world’s leading event for airlines and the supply chain to source the latest innovations, technologies and products for cabin interiors, inflight entertainment and passenger comfort. Zotefoams will be exhibiting its ZOTEK® F OSU product line, the world’s lightest closed cell crosslinked foam. Combining outstanding FST properties with exceptional processing versatility,