REG - Symphony Environment - Pre-Close Trading Update

Symphony Environmental TechnologiesAnnouncement

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RNS Number : 1040C  Symphony Environmental Tech. PLC  28 April 2026

 

 

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

28 April 2026

 

Symphony Environmental Technologies plc

("Symphony", the "Company" or the "Group")

FY-2025 pre-close trading update and

 

Strong start to FY-2026 - first half profitability

 

Symphony Environmental Technologies plc ("Symphony" or the "Group"); global
specialists in technologies that make plastic and rubber products "smarter,
safer and sustainable", is pleased to provide the following pre-close trading
update for the year ended 31 December 2025 ("FY-2025") and notice of FY-2025
results, together with a trading update for the current year to date.

FY2025 trading update (subject to audit)

Further to the Company's announcement on 17 December 2025, the Board now
expects that, as a result of management‑driven strategic change in its
Middle East operations, Group revenue for FY-2025 will be higher than
previously guided, at approximately £5.7 million, with an adjusted loss
before interest, tax, depreciation and amortisation ("adjusted LBITDA")
broadly comparable to that incurred in the prior year, at approximately £0.9
million.

Importantly, and as further set out below, sales momentum has not just
continued but accelerated during the first four months of FY-2026, running at
more than 10 per cent. ahead of the same period last year. Furthermore,
margins are also improving due to operational leverage as well as the positive
impact of strategic initiatives taken during FY-2025, in particular in the
Middle East.

In addition to the above adjusted LBITDA, the following one-off costs were
incurred during FY-2025 as well as certain asset provisions will be made to
the FY-2025 results:

·      Strategic costs of £500,000 primarily in relation to the Middle
East but also of certain future corporate initiatives;

·      Impairment provision of £468,000 against development costs for
the Group's antimicrobial products due to extended South American customer
trials and commercial evaluation; and

·      Other investment provisions of £107,000.

 

 

The net loss including provisions and strategic costs for FY-2025 is expected
to be £2.5 million (FY-2024: £1.3 million).

The Board expects to announce its preliminary results for FY-2025 during the
latter half of May.

Outlook

The Board remains focused on margin quality, disciplined cost control and the
commercialisation of higher‑value technologies, rather than short‑term
volume growth.

That said, it is particularly pleasing that trading in the first four months
of 2026 has improved materially. The Group delivered a positive EBITDA in
Q1-2026, compared with a loss in the corresponding prior‑year and based on
current order patterns, expects to deliver a net profit for H1-2026.

Revenues are currently tracking more than 10 per cent ahead of the same period
last year. Confirmed orders have been received across all principal markets,
particularly Central America. While the timing of shipments remains subject to
customer scheduling and customary operational factors, the Board is encouraged
by the visibility and quality of the pipeline now in place, which underpins
its confidence in the Group's earnings trajectory.

The Group continues to monitor the evolving geopolitical situation in the
Middle East, which to date has not had a material adverse effect on
operations.

Enquiries:

 Symphony Environmental Technologies Plc
 Michael Laurier, CEO                                                  Tel: +44 (0) 20 8207 5900
 Ian Bristow, CFO
 www.symphonyenvironmental.com (http://www.symphonyenvironmental.com)

 Zeus (Nominated Adviser and Broker)
 David Foreman, Emma Burn (Investment Banking)                         Tel: +44 (0) 203 829 5000

NOTES TO EDITORS

 

 

About Symphony Environmental

 

 

Symphony's d2w masterbatch technology is added to polyethylene (PE) and
polypropylene (PP) products at the manufacturing stage at little or no extra
cost, and ensures that if they get into the environment at the end of their
useful life they will not create microplastics and lie or float around for
decades.
https://www.symphonyenvironmental.com/technologies/biodegradable-plastic/
Instead they will safely biodegrade, leaving no microplastics or toxicity.

 

If they get collected during their programmed life they can be recycled with
ordinary PE and PP without separation See
 https://www.biodeg.org/subjects-of-interest/recycling-2/
(https://www.biodeg.org/subjects-of-interest/recycling-2/)

 

Symphony also supplies a range of plastic technologies under its d2p (designed
to protect) brand www.d2p.net (http://www.d2p.net) to provide protection
against insects, viruses, bacteria, fungi, rodents, odours, and fire.

 

It has also introduced a new product under its NbR brand
https://www.symphonyenvironmental.com/natural-biodegradable-resin/
(https://www.symphonyenvironmental.com/natural-biodegradable-resin/) to reduce
the amount of fossil-derived material in plastic products.

 

Symphony has a diverse and growing customer-base and has established itself as
an international business with over 70 distributors around the world. Products
made with Symphony's plastic technologies are now available in nearly 100
countries and in many different product applications. Symphony itself is
certified according to ISO9001 and ISO14001.

 

Symphony participates in the Committee work of the British Standards Institute
(BSI), the American Standards Organisation (ASTM), the European Standards
Organisation (CEN), and the International Standards Organisation (ISO).

 

Further information on the Group can be found at
www.symphonyenvironmental.com  and twitter @SymphonyEnv

 

See also Symphony on Instagram and Linkedin.

 

 

 

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