RE: Finally RNS!4 Feb 2025 15:37
Yep key customers are right behind them…and fully supportive. Which surely is key!
The Company is pleased to advise that key customers remain highly supportive and engaged in improving the Company's manufacturing yield, output and financial stability.
As set out in the Company's interim results released on 30 September 2024, the Company has been in discussions with key customers and suppliers to optimise payment terms. Furthermore, backing from customers has included increased pricing, funded manufacturing expertise and cash advances of over £4m in 2025 to support the Company's working capital requirements. Discussions with key customers continue and any further updates will be made as appropriate in due course.