UK's Itaconix FY revenue jumps 59% on strong demand for plant-based polymers

Itaconix

13/01/2026 07:10

Overview

UK plant-based specialty polymers firm reported FY 2025 revenue up 59% yr/yr to $10.3 mln

Company achieved third consecutive record half year with H2 2025 revenue of $5.5 mln

Company optimistic about 2026 growth, supported by expanding customer pipeline

Outlook

Itaconix expects continued revenue growth in 2026

Company sees strong customer engagement supporting growth in 2026

Result Drivers

RECORD REVENUES - Itaconix achieved record revenues exceeding $10 mln for the first time, driven by strong demand for plant-based polymers

CUSTOMER DEMAND - Demand for plant-based polymers strengthened as manufacturers seek sustainable, high-performance ingredients

EXPANDING PIPELINE - Co optimistic about 2026 growth, supported by expanding customer pipeline and scalable operating model

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
$10.30 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the specialty chemicals peer group is "buy"

Wall Street's median 12-month price target for Itaconix PLC is GBP325.00, about 202.3% above its January 12 closing price of GBP107.50

Press Release: ID:nRSM5928Oa

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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.)