Very bullish18 Dec 2017 22:31
Chris Ellis, Chief Executive Officer of Hydrodec, commented: "I am very pleased to confirm further strong progress in positive Group EBITDA in the most recent quarter of 2017, as much of the recent hard work begins to reap its reward. As indicated at the beginning of the year, I am confident that 2017 will see the Group deliver full year positive EBITDA for the first time in its history, with scope for further material improvement from the existing facilities. While maintaining a sharp focus on the operational performance of the business, we will look for opportunities to deploy our clean-tech re-refining technology to capitalise on the large market opportunity that we see."