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IN BRIEF: Ilika trades in line with annual market expectations

Tue, 23rd Apr 2024 12:14

Ilika PLC - Romsey, England-based solid-state battery technology company - Trade in the year ending April 30 has been in line with current market expectations. Expects to report revenue of GBP2.0 million up from GBP800,000. Says the figure reflects a material increase in grant funding received during the first half of the financial year and, as expected, this was not replicated in second half due to the phasing of grant activity.

Current stock price: 28.50 pence, up 1.8% in London on Tuesday

12-month change: down 48%

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

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