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Itaconix PLC Ord 1p (ITX)

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26-Jan-2021 09:33 AM

Itaconix revenue, earnings 'slightly ahead' of market expectations

Specialty polymer maker Itaconix said 2020 revenues and earnings before interest, taxes, depreciation and amortisation, or EBITDA, were 'slightly ahead' of current market expectations amid increased demand. The company experienced continued gr
22-Jul-2020 09:50 AM

Itaconix upgrades outlook as revenue surges in H1

Itaconix upgraded its outlook on performance after reporting an 80% jump in revenue in the first half of the year, led by ongoing demand. For the half year to 30 June 2020, revenue rose about 80% to $1.1m on-year. As a result of the increase in revenue
09-Jan-2020 08:30 AM

Itaconix revenues jump 60% amid ongoing momentum

Itaconix said annual revenues jumped 60% amid ongoing momentum across all of its products and application areas. Unaudited revenues for the year grew 69.6% to £1.1m and the unaudited losses (LBITDA) was in line with management expectations, the com
18-Oct-2019 09:01 AM

Itaconix warns on revenue as lower-expected-than growth, one-off costs weigh

Itaconix warned full-year revenue would fall short of market expectations blaming lower-than-expected revenues and one-off costs related to new product development. Following delays in certain customer projects, the company said it expected full-year re
30-Aug-2019 07:41 AM

Itaconix promotes Laura Denner to CFO role

Itaconix said it had promoted Laura Denner to chief financial officer from group director, finance and operations with effect from 1 September 2019. Michael Norris would step down after serving as the company's interim chief financial officer sin
17-Jul-2019 01:58 PM

Itaconix sees first-half losses narrowing

Specialty plastics group Itaconix said it expected to post a narrower first-half operating loss following an increase in sales. The company said it expected to post an Ebitda loss of £1.0m compared to a loss of £2.4m on-year. Revenue had ris
27-Jun-2019 10:25 AM

Itaconix reports narrower losses as restructuring efforts boost performance

Itaconix reported narrow annual losses as its restructuring programme undertaken last year slashed costs by £2m a year. For the year ended December 2018, pre-tax losses narrowed to £7.26m from £10.17m a year earlier and revenue increas
18-Feb-2019 09:57 AM

Itaconix completes UK operations restructure; annual earnings meet expectations

Specialty polymers maker Itaconix said Monday its earnings for the full year met expectations following the restructuring of its UK operations. For the year to 31 December 2018, unaudited revenues were £0.7m, with unaudited earnings (EBITDA) in l
16-Apr-2018 08:47 AM

Itaconix first-quarter revenue up 8%

Itaconix reported Monday first-quarter revenue rose 8% to £149K, from £138K the same period a year ago, supported by growth of its customer base. The firm said it was 'well positioned' to continue to deliver revenue growth through
13-Feb-2018 09:57 AM

Itaconix reports slower than anticipated revenue in 2017

Itaconix reported slower than anticipated revenue growth in 2017 of £600,000 compared with £300,000 in the previous year while operating loss was unchanged from the prior year at £5.2m. The company said key partnerships signed during t
25-Jan-2018 08:22 AM

Itaconix licensing deal with tremco-illbruck

Itaconix has licensed certain non-core polymer assets developed under a joint development agreement to tremco illbruck Limited, an RPM International Inc company. Under the terms of the deal, tremco-illbruck will acquire the rights to certain Itaconix pol
05-Sep-2017 09:10 AM

Itaconix and AkzoNobel to develop bio-based chelates

Itaconix has signed an application agreement with AkzoNobel's speciality chemicals business to evaluate and develop innovative bio-based chelates for use in the consumer and industrial detergents and cleaners markets. Itaconix said this was the seco
25-May-2017 01:13 PM

All resolutions passed at AGM of Itaconix

Itaconix has confirmed that all resolutions were passed at today's Annual General Meeting. At 1:13pm: (LON:ITX) Itaconix Plc share price was 0p at 23.5p Story provided by StockMarketWire.com...
18-May-2017 09:51 AM

Itaconix to resize R&D team

Itaconix, a leading designer and manufacturer of specialty polymers, has announced that it was implementing operational changes to the group following the acquisition and integration of Itaconix Corporation in the US. It said resources would be more focu
27-Mar-2017 09:52 AM

Itaconix pre--tax losses rise

Itaconix's pre-tax losses rose to £5.6m in the year to the end of December compared with £2.5m last time. Revenues rose to £285,000 - up from £27,000 in 2015. Chairman Dr Bryan Dobson said: "2016 has been a continued p
 
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