Brief: Iofina H1 Adjusted EBITDA Rises 60%

Iofina

11/09/2023 07:47

Sept 11 (Reuters) - Iofina PLC  IOFI.L :
    * H1 ADJUSTED EBITDA ROSE 60 PERCENT TO 5.9 MILLION USD
    * HY TOTAL SALES INCREASED BY 27% FROM $19.2M TO $24.3M
    * DEMAND FOR IODINE AND ITS PRODUCTS REMAINS STRONG
    * BARRING ANY MAJOR CHANGES IN IODINE MARKET, EXPECT PRICES
TO
REMAIN AT OR NEAR CURRENT LEVELS FOR REMAINDER OF 2023 AND INTO
H1 OF 2024
    * SQM HAS INDICATED THAT THEY EXPECT TO ADD 800MT OF
PRODUCTION IN
2023

Source text for Eikon:  ID:nRSK9327La 
Further company coverage:  IOFI.L 

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