AGM Statement

Symphony Environmental Tech. PLC

04 August 2026

 

4 August 2026

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

("Symphony", the "Company" or the "Group")

AGM Statement

Symphony Environmental Technologies Plc (AIM:SYM), the global specialist in additives and technologies that enhance the environmental performance and functionality of plastics, announces that its Chairman will make the following statement at today's Annual General Meeting.

The Board and I are pleased to report that Symphony generated a profit for H1 2026, supported by a 23% increase in revenue, a 40% increase in gross profit and a disciplined cost base. This performance reflects the benefits of the strategic and operational actions implemented during 2025, including improved margin quality, tighter cost control and increased operating leverage.

The summary draft results are as follows:

£'000	H12026	H12025
Revenue	3,595	2.925	23% increase
Gross profit	2,100	1,500	40% increase
Gross profit margin	58.4%	51.2%
Net profit/(loss)	50	(503)

We expect to announce our interim results during the first half of September 2026.

Trading in H1 2026 demonstrates the early validation of the Group's repositioned operating model. The stronger performance has been driven by improved margin quality, disciplined cost control and greater operating leverage, following the actions taken during 2025 to strengthen the foundations of the business.

As previously advised, the transition to a Symphony-controlled sales model, together with a regional manufacturing partner, has strengthened execution and margin quality in the Middle East for its biodegradable d2w technology, which remains a key growth market for the Group. Performance has been robust despite well publicised actions in the Middle East and we are seeing good growth potential for H2 2026.

In India, the introduction of a new biodegradability standard has provided a clearer pathway towards certification, which management believes is the key requirement to unlock commercial activity in what is considered a potentially significant medium-term market opportunity. We expect further news on this during H2 2026.

As previously advised, the Group is seeing increasing alignment in certain regions towards legislation and standards supporting biodegradable and performance-enhancing plastic technologies. While progress remains uneven across jurisdictions, these developments support the Group's long-term strategy and may expand the addressable market over time.

The Group also continues to make progress with its d2p® "designed to protect" technology platform, which is focused on making plastics smarter by adding functional protection and performance benefits. The d2p® portfolio includes applications for insect control, antimicrobial and antifungal protection, odour control and flame retardancy, with several opportunities progressing through customer trials, regulatory processes and market validation.

Within this platform, d2p® AI insecticidal technology remains the principal revenue-generating application and continues to show encouraging commercial momentum, including repeat orders and a growing range of applications in agricultural and irrigation products such as drip-irrigation pipes used in crop production. In addition, flame-retardant applications are progressing through testing in construction-related markets, while food-contact and food-protection applications continue to be developed with further trials expected in Latin America, India and Pakistan. The Board believes that the broadening d2p® pipeline provides a clear pathway to additional revenue generation as these technologies move from technical validation into wider commercial adoption.

While external factors, including regulatory timelines and market conditions, continue to influence the pace of commercialisation, management believes the Group is now operating from a significantly stronger platform. The focus for 2026 remains on converting this improved position into sustained profitability through the continued development and commercialisation of the Group's core technologies across key growth markets.

Enquiries:

Symphony Environmental Technologies Plc
Michael Laurier, CEO	Tel: [phone]
Ian Bristow, CFO
www.symphonyenvironmental.com
Zeus (Nominated Adviser and Broker)
David Foreman, Emma Burn (Investment Banking)	Tel: [phone]
Dominic King (Broking)	Tel: [phone]

NOTES TO EDITORS

About Symphony Environmental

Symphony's d2w masterbatch technology is added to polyethylene (PE) and polypropylene (PP) products at the manufacturing stage at little or no extra cost and ensures that if they get into the environment at the end of their useful life they will not create microplastics and lie or float around for decades. https://www.symphonyenvironmental.com/technologies/biodegradable-plastic/ Instead they will safely biodegrade, leaving no microplastics or toxicity.

If they get collected during their programmed life they can be recycled with ordinary PE and PP without separation See  https://www.biodeg.org/subjects-of-interest/recycling-2/

Symphony also supplies a range of plastic technologies under its d2p (designed to protect) brand www.d2p.net to provide protection against insects, viruses, bacteria, fungi, rodents, odours, and fire. 

It has also introduced a new product under its NbR brand https://www.symphonyenvironmental.com/natural-biodegradable-resin/ to reduce the amount of fossil-derived material in plastic products.

Symphony has a diverse and growing customer-base and has established itself as an international business with over 70 distributors around the world. Products made with Symphony's plastic technologies are now available in nearly 100 countries and in many different product applications. Symphony itself is certified according to ISO9001 and ISO14001.

Symphony participates in the Committee work of the British Standards Institute (BSI), the American Standards Organisation (ASTM), the European Standards Organisation (CEN), and the International Standards Organisation (ISO).

Further information on the Group can be found at www.symphonyenvironmental.com and twitter @SymphonyEnv  

See also Symphony on Instagram and Linkedin.

 

END