UK's Iofina falls after cutting second-half iodine production forecast
16/10/2026 08:33
BUZZ-UK's Iofina falls after cutting second-half iodine production forecast ** Shares of specialty chemicals maker Iofina IOFI.L down 15% at 46.5p
** Company expects H2 2026 crystalline iodine production of 440-455 metric tonnes, below its earlier expectation of 460-485 metric tonnes
** Iofina cuts forecast due to lower water levels at its plants and delay in commissioning of one of its brine lines
** YTD, stock up about 87%
(Reporting by Roshni Srivastava in Bengaluru)