(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Itaconix PLC - manufacturer of plant-based polymers - Signs a collaboration agreement with French compacting company Bonals Technologies. This is under Itaconix's Sparx programme, to accelerate the introduction of safer, better performing and sustainable unit dose detergent tablets in the US and Canada. Bonals produces tableting equipment used by detergent tablet brands and contract manufacturers in Europe. The Sparx programme, first announced in October, utilises collaborations to reach its goal of having brands release at least ten new products by the end of 2025, generated from these collaborative efforts. Read More
(Alliance News) - Itaconix PLC in September said its loss widened in the first half of 2024, as second-half trading to date puts its revenue expectations at the upper end of its weaker year-on-year forecast. Read More
Itaconix PLC - London-based manufacturer of plant-based polymers - Announces launch of a new initiative to reduce the time-to-market for consumer products. Itaconix says the Sparx program will accelerate product development by working with end-product manufacturers and brands. As part of the program Itaconix expects brands to introduce at least 10 new products by the end of 2025. Itaconix says it will introduce the Sparx program at the annual Sepawa congress in October. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Shares in Itaconix PLC jumped on Monday, on the back of new clients and regulatory approvals, though the company stood by its forecast of a decline in annual revenue. Read More
(Alliance News) - Itaconix PLC on Monday said it has launched two new ingredients for household detergent formulations. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Itaconix PLC on Tuesday warned sales and adjusted earnings would be below management's previous expectations after it failed to agree terms with an existing customer. Read More
(Alliance News) - Itaconix PLC on Tuesday said customer wins contributed to a jump in its annual revenue. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
Itaconix PLC - London-based company that uses its plant-based polymer technology platform to produce and sell specialty ingredients that improve the safety, performance, and sustainability of consumer products - Reports that year-to-date revenue in 2023 is ahead of the same period in 2022. Revenue for the full-year is expected to be at least USD7.7 million, with 2023 earnings expected to be in line with current market expectations. Also says gross profit margins have improved, supported by higher volumes from smaller accounts and beauty products. Looking ahead, notes that revenue expectations are revised to USD9.5 million or more for 2024 and USD12.5 million or more for 2025, with no change to earnings expectations. In 2022, Itaconix reported revenue of USD5.6 million. Read More
(Alliance News) - Itaconix PLC on Tuesday emphasised that it is on a path of progress as it reported a narrowed interim loss and higher revenue. Read More
Itaconix PLC - London-based company that uses its plant-based polymer technology platform to produce and sell specialty ingredients that improve the safety, performance, and sustainability of consumer products - Achieves "record" revenue in the first half of 2023 at USD4.0 million. This represents 32% growth against the first half of 2022 and 58% growth against the second half of 2022. Adds that 2023 first-half revenue is 72% of full-year revenue for 2022 and more than double full-year revenue for 2021. Overall gross profit margin for the first half exceeds that of the whole of 2022 due to higher product volumes and more stable raw material costs, the company says. Read More
Itaconix PLC - New Hampshire, US-based speciality polymer developer - Posts revenue of USD5.6 million for 2022, up from USD2.6 million in 2021. Says the rise in revenue is driven by success in the cleaning segment in North America and Europe. However, pretax loss widens to USD2.5 million from just USD448,000 a year earlier, as cost of sales grows just as rapidly to USD4.1 million from USD1.9 million and administrative expenses rise to USD3.8 million from USD2.9 million. Adjusted loss before interest, tax, depreciation and amortisation is USD1.4 million, narrowed from USD1.6 million the year earlier. Looking ahead, Itaconix says it approaches the future with more commercial progress, resources, potential, and "more optimism than ever before". Read More