Inditherm Plc, the supplier of heating products using its proprietary carbon polymer technology, reported that Interim results to June 2011 showed sales of £817,000 (2010: £740,000) and pre-tax loss of £74,000 (2010: £(124,000)).
The company reported that after a slow start, order intake in Q2 and Q3 increased strongly compared with the same periods in 2010. Orders for medical products showed a 17% underlying growth rate. Period end net cash was £1.5 million.
The IDM share price has decreased by 44% over the last year.
Inditherm Plc is currently graded C by LCF Research. To learn more, follow the link.
