UK's Synthomer surges as price hikes offset Iran war costs
30/04/2026 09:01
** Shares of specialty chemicals supplier Synthomer SYNTS.L rise as much as 34% at 67p - highest since October 2025 ** Co has offset higher costs linked to the Iran war through "substantial" pricing action and higher volumes ** Co says overall trading in Q1 2026 was in line with its expectations and ahead of prior year, and forecasts a strong quarter-on-quarter volume and margin growth for Q2 ** Names Iain Torrens as interim CFO & executive director from 15 May ** Up to Wednesday's close, stock had fallen ~13% so far this year (Reporting by Roshni Srivastava in Bengaluru) ((roshni.srivastava@thomsonreuters.com))
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