REG - Velocity Composites - Publication of Annual Report and Accounts

Velocity CompositesAnnouncement

Mon 16:45

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RNS Number : 4915G  Velocity Composites PLC  28 April 2025

28 April 2025

Velocity Composites plc

("Velocity" or the "Company")

 

Publication of Annual Report and Accounts

 

Velocity Composites plc (AIM: VEL), the leading supplier of composite material
kits to aerospace, confirms that the Company's audited results for the twelve
months ended 31 October 2024 were posted to shareholders on 29 January 2025
and were simultaneously made available on its website.

 

 

Enquiries:

 

 Velocity Composites plc             +44 (0) 1282 577577
 Andy Beaden, Chairman
 Jon Bridges, CEO
 Rob Smith, Chief Financial Officer

 Canaccord Genuity Limited           +44 (0) 20 7523 8000
 Nominated Adviser and Joint Broker
 Max Hartley
 George Grainger

 Dowgate Capital Limited             +44 (0) 20 3909 7715
 Joint Broker
 Russell Cook
 Nick Chambers

 SEC Newgate                         +44 (0)7540 106 366
 Financial Communications            velocity@secnewgate.co.uk
 Robin Tozer
 George Esmond
 Harry Handyside

 

 

About Velocity Composites plc

Based in Burnley, UK, Velocity is the leading supplier of composite material
kits to aerospace and other high-performance manufacturers, that reduce costs
and improve sustainability. Customers include Airbus, Boeing, and GKN.

 

By using Velocity's proprietary technology, manufacturers can also free up
internal resources to focus on their core business.  Velocity has significant
potential for expansion, both in the UK and abroad, including into new market
areas, such as wind energy, urban air mobility and electric vehicles, where
the demand for composites is expected to grow.

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