Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSymphony Env. Regulatory News (SYM)

Share Price Information for Symphony Env. (SYM)

Share Price is delayed by 15 minutes
Get Live Data
6.75    0.00 (0.00%)
Bid:
6.00
Ask:
7.50
Spread: 1.50 (25.00%)
Market Cap: £15.95m
SYM Live PriceLast checked at - London Stock Exchange

Intraday Symphony Env. Share Chart

Trading Statement

30 Jan 2017 07:00

RNS Number : 3714V
Symphony Environmental Tech. PLC
30 January 2017
Ā 

Ā 

Ā 

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Ā 

Ā 

Ā 

30 January 2017

Ā 

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

Ā 

("Symphony", or the "Company")

Ā 

Ā 

Trading Update

Ā 

Symphony Environmental Technologies Plc (AIM: SYM); global specialists in 'making plastic smarter', with d2w controlled-life, d2p anti-bacterial and d2t anti-counterfeiting technologies, today announces a trading update in respect to the year ended 31 December 2016.

Ā 

Unaudited revenues for the year ended 31 December 2016 were £6.80 million exceeding both prior year and market expectations. This increase in revenue, together with the benefits of the cost reduction programme delivering savings in line with expectations means profit before tax for the year is expected to be slightly ahead of market expectations and a considerable improvement on the 2015 loss before tax of £2.30 million.

Contacts

Symphony Environmental Technologies Plc

Michael Laurier, CEO

Tel: +44 (0) 20 8207 5900

Ian Bristow, FD

Cantor Fitzgerald Europe

David Foreman / Michael Reynolds (Corporate Finance)

Tel: +44 (0) 20 7894 7000

David Banks (Sales)

NOTES TO EDITORS:

About Symphony Environmental Technologies plc

Ā 

Symphony has developed a range of additives, concentrates and master-batches marketed as d2p, which can be incorporated in a wide variety of plastic and non-plastic products and applications, so as to give them protection against many different types of bacteria, fungi, algae, moulds, insects and fire.

Ā 

In addition, Symphony has already developed and continues to develop, controlled-life plastic technology which turns ordinary plastic at the end of its service-life into biodegradable materials. It is then no longer a plastic and can be bioassimilated in the open environment in the same way as a leaf. The technology is branded d2wĀ® and appears as a droplet logo on many thousands of tonnes of plastic packaging and other plastic products around the world. In some countries oxo-biodegradable plastic is mandatory. For a video of d2wĀ® plastic degrading seeĀ http://degradable.net/play-videos/4.

Ā 

Symphony has also developed the d2DetectorĀ®, a portable device which analyses plastics and detects counterfeit products. Symphony's d2t tagging and tracer technology is also available for further security. SeeĀ www.d2t.net

Ā 

Symphony has a diverse and growing customer-base and has established itself as an international business with 74 distributors around the world. Products made with Symphony's plastic technologies are now available in 97countries and in many different product applications. Symphony is certified to ISO9001 and ISO14001.

Ā 

Symphony is a member of The Oxo-biodegradable Plastics Association (www.biodeg.org) (OPA), the Society for the Chemical Industry (UK), and the Pacific Basin Environmental Council. Symphony actively participates in the Committee work of the British Standards Institute (BSI), the American Standards Organisation (ASTM), the European Standards Organisation (CEN), and the International Standards Organisation (ISO).

Ā 

Further information on the Symphony Group can be found atĀ www.symphonyenvironmental.com.

Ā 

Ā 

This information is provided by RNS
The company news service from the London Stock Exchange
Ā 
END
Ā 
Ā 
TSTZMGZMKNDGNZM
Date   Source Headline
28th Dec 200711:06 amRNSResult of EGM
21st Dec 20073:38 pmRNSHolding(s) in Company
19th Dec 200712:41 pmRNSHolding(s) in Company
12th Dec 20074:09 pmRNSHolding(s) in Company
11th Dec 20073:25 pmRNSIssue of Equity
10th Dec 20074:34 pmRNSHolding(s) in Company-Replace
5th Dec 20074:58 pmRNSHolding(s) in Company
4th Dec 20077:01 amRNSIssue of Equity & EGM Notice
3rd Dec 20074:48 pmRNSIssue of Equity & EGM Notice
26th Nov 20073:29 pmRNSTotal Voting Rights
26th Nov 200711:20 amRNSIssue of Options
2nd Oct 20074:16 pmRNSChange of Adviser
28th Sep 20073:50 pmRNSAdditional Listing - Amended
27th Sep 20078:00 amRNSAdditional Listing
27th Sep 20077:01 amRNSInterim Results
17th Aug 20073:37 pmRNSAIM Rule 26
3rd Aug 20077:01 amRNSAppointment of Director
27th Jul 20079:38 amRNSAGM resolutions
27th Jul 20079:00 amRNSAGM Statement
18th Jul 20077:00 amRNSTrading on PLUS
29th Jun 20077:00 amRNSReport & Accounts/AGM Notice
28th Jun 20077:01 amRNS2007 Preliminary Results
30th May 20071:40 pmRNSBusiness Update
9th May 20072:02 pmRNSAdditional Listing
30th Apr 20074:37 pmRNSBus Update & Board Change
7th Mar 20073:59 pmRNSHolding(s) in Company
2nd Mar 200710:51 amRNSHolding(s) in Company
28th Feb 20077:03 amRNSUpdate on placing
27th Feb 20079:57 amRNSResult of EGM
22nd Feb 200710:01 amRNSTrading Update
6th Feb 20077:00 amRNSNotice of EGM
19th Dec 200611:02 amRNSTotal Voting Rights
15th Dec 20067:58 amRNSTrading Statement
13th Nov 20062:16 pmRNSBoard Appointment
13th Oct 20069:28 amRNSTrading Update
25th Sep 20067:01 amRNSInterim Results
20th Sep 200611:07 amRNSNotice of Results
29th Aug 20068:59 amRNSDirectorate Change
21st Aug 20067:00 amRNSSales Agreement
14th Jul 200611:54 amRNSResult of AGM
14th Jul 20069:49 amRNSAGM Statement
21st Jun 200610:04 amRNSNotice of AGM
15th Jun 20067:02 amRNSStrategic Update
22nd May 20067:00 amRNSCaribbean Sales Update
27th Apr 20067:00 amRNSPreliminary Results
24th Apr 20067:01 amRNSNotice of Results (Revised)
4th Apr 20062:12 pmRNSNotice of Results
30th Jan 200611:41 amRNSCourt Award
16th Jan 20068:44 amRNSDirector Shareholding
19th Dec 20053:26 pmRNSCourt Victory

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.