UK's Symphony Environmental H1 revenue rises 23%, returns to profit

Symphony Environmental Technologies

04/08/2026 07:15

Overview
UK plastic additives maker's H1 2026 revenue rose 23%, with return to net profit
Gross profit up 40% yr/yr, gross margin improved to 58.4% from 51.2%
Company cites cost control and improved margin quality as drivers of stronger results

Outlook
Company sees good growth potential in the Middle East for H2 2026
Symphony expects further news on India certification and commercial activity in H2 2026

Result Drivers
MARGIN QUALITY & COST CONTROL - Co said improved margin quality and disciplined cost control following 2025 actions drove stronger H1 2026 results
MIDDLE EAST SALES MODEL - Co said transition to Symphony-controlled sales model with regional manufacturing partner strengthened execution and margin quality in Middle East for d2w technology
d2p AI INSECTICIDAL TECHNOLOGY - Co said principal revenue-generating d2p AI insecticidal application continues to show commercial momentum with repeat orders and expanding agricultural uses

Company press release: ID:nRSD0807Pa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Gross Margin
 
58.40%
 
H1 Gross Profit
 
GBP 2.10 mln
 

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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.)