UK's Zotefoams shares drop as Q3 revenue slips

Zotefoams

04/11/2025 09:34

** Shares of Zotefoams ZTF.L down 13% at 400p

** ZTF's Q3 revenue fell nearly 4% to 38.2 million pounds, with EMEA down 1% due to seasonal shifts and North America down 16%, impacted by order timing and weaker demand in key segments

** Co's current market consensus expects 2025 revenue of 154.4 million pounds and adjusted pre-tax profit of 20.5 million pounds

** The board expects revenue and adjusted profit before tax for 2025 to be in line with current market expectations

** YTD, stock had risen 24.38% so far this year

 (Reporting by Tuhina in Bengaluru)

 ((Tuhina@thomsonreuters.com ))))