Our latest Trading Update announces an 8% growth in sales and record revenue of £50.7m in the four months to 30 April 2025 trading period. The rise in sales has been driven by growth in the EMEA and North American regions, plus a strong performance in the Aerospace and footwear markets.
EMEA sales increased 11% to £40.4m with footwear sales a main contributor to growth, while sales in North America rose 5% to £9.3m led by strong Aviation and Aerospace performance.
Zotefoams recently announced a refreshed strategy that would see a move towards a market-centred approach across three key verticals – Consumer & Lifestyle, Transport & Smart Technologies and Construction & Other Industrial. In addition, the Group has implemented a global regional management and reporting structure.
Commenting on the progress in 2025 so far, Zotefoams Group CEO Ronan Cox said: “I am very pleased with the business performance in the period, with the delivery of further record revenue, and the early-stage progress in executing our refreshed strategy. Zotefoams has significant opportunity to grow in the selected markets where we have a right to succeed, and we are structuring ourselves to maximise this opportunity.”
Earlier this year, we also announced plans to build a new manufacturing facility in Vietnam, plus investment in a new innovation centre in South Korea to reinforce our commitment to the athletic footwear market.
Commenting on the plan, Ronan Cox said: “Our Vietnam investment remains strategically important, despite the evolving backdrop of trade negotiations. The footwear industry’s manufacturing base remains firmly established in Asia, with Vietnam continuing to offer strong productivity advantages. While we may need to manage near-term disruption effectively, the fundamental proposition of our high-performance materials remains compelling.”
Read the full Trading Update here