Overview
London-listed graphene producer's FY25 revenue rose to €7.0m, up from €6.66m
Adjusted LBITDA improved by 30% yr/yr, reflecting cost control and efficiencies
Company announced board change with Giulio Cesareo as interim chairman, replacing Richard Hickinbotham
Outlook
Directa Plus aims to monetize its core intellectual property through partnerships and licensing
Company plans to secure funding needed in FY26 to support future growth
Directa Plus enters FY26 with a growing pipeline of opportunities across targeted markets
Result Drivers
PRODUCTION OPTIMISATION - Advances in technology and production enhanced ability to manufacture graphene materials at low cost and scale, broadening application portfolio
SETCAR EFFICIENCIES - Restructuring at Setcar led to headcount reductions, operational efficiencies, and €0.7m in annual cost savings
CONTRACT WIN - Setcar won a €1.5m Total Waste Management contract with Ford, enhancing its position in environmental remediation
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
EUR 7 mln
Press Release: ID:nRSG8982Na
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)