4th Aug 2025 14:34
(Alliance News) - Directa Plus PLC on Monday said it is building on continued contract wins across its key markets as it expects to report solid revenue growth for the first half of the year.
The graphene product maker with operations in Lomazzo, Italy said it anticipates revenue growth of 15% for the first half of 2025, to about EUR3.9 million from EUR3.4 million a year ago.
Further, Directa Plus expects sharply better profitability, with loss before interest, tax, depreciation and amortisation expected to be cut by 40% to EUR1.0 million in the first half of 2025, from EUR1.8 million a year ago. This is in line with its own expectations, it added. The company expects to meet market expectations for adjusted Lbitda of EUR1.7 million for 2025, narrowed from EUR3.6 million in 2024.
The company noted it secured several important contract renewals across its Environmental and Textiles divisions in the first half, such as with Grassi, MC Armor, Ford Otosan, Cummins and Metchem.
Chief Executive Officer Giulio Cesareo said: "Our stronger H1 FY25 performance, marked by revenue growth and a significant Lbitda improvement, demonstrates the effectiveness of our strategic focus and disciplined cost management. Building on continued contract wins across our key markets, operational efficiencies, and targeted capital investment, we anticipate stronger growth in the second half of the year, as has consistently been the case, and we are seeing significant [a] and promising pipeline of opportunities."
Directa Plus will publish interim results on September 24.
Directa Plus shares rose 5.9% to 10.48 pence each on Monday afternoon in London.
By Tom Budszus, Alliance News slot editor
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