momentum
Expanding Beyond the Core
This strategy is designed to deliver sustainable growth, resilient margins and attractive returns by aligning more closely with the industries and applications where advanced foam materials play a critical role.
momentum
Expanding Beyond the Core
This strategy is designed to deliver sustainable growth, resilient margins and attractive returns by aligning more closely with the industries and applications where advanced foam materials play a critical role.
2025 was a year of momentum for Zotefoams, as our strategy to Expand Beyond the Core moved decisively from intent to execution.
We delivered another record performance, strengthened our platform through disciplined acquisition and took meaningful steps to extend our global footprint and deepen customer partnerships – while continuing to build a high‑performing organisation.
Together, this progress reflects a business in motion, executing its strategy with focus and ambition as we continue to build sustainable growth.

Ronan Cox
Group Chief Executive Officer

2025 was a year of momentum for Zotefoams, as our strategy to Expand Beyond the Core moved decisively from intent to execution.
We delivered another record performance, strengthened our platform through disciplined acquisition and took meaningful steps to extend our global footprint and deepen customer partnerships – while continuing to build a high‑performing organisation.
Together, this progress reflects a business in motion, executing its strategy with focus and ambition as we continue to build sustainable growth.

Ronan Cox
Group Chief Executive Officer
FINANCIAL HIGHLIGHTS
Group revenue
£158.5m
Change +7%
2024 £147.8m
Basic earnings /(loss)per share
46.37p
Change NA
2024 (5.66)p
Operating profit
£21.6m
Change +633%
2024 £3.0m
Disciplined execution delivering momentum across our strategic priorities
2025 marked a year of focused delivery against the Expanding Beyond the Core strategy. Clear strategic priorities, disciplined capital allocation and strengthened organisational capability have positioned the Group to accelerate progress in 2026.

A year of momentum with a significant increase in revenue and profitability within the core foams business, with growth in our key markets and our first acquisition which is anticipated to be earnings accretive in 2026. Revenue and profit before tax were at record levels with a strong uplift in margins and effective cost control, along with strong cash generation, a strong balance sheet and recent refinancing, meaning we are well positioned for future profitable growth.
Nick Wright
Group Chief Financial Officer
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