Biome Technologies (GB:BIOM) has released an update.
Biome Technologies PLC reports a decrease in H1 2024 revenues to £2.3m, attributed to customer production and regulatory challenges, particularly within its Bioplastics division. Despite the setbacks, Biome anticipates a stronger H2 with growth in home compostable materials and recent RF technology contracts. The Board remains focused on improving operational performance and commercialising novel technologies to ensure future growth.
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