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Directa Plus Reports Strong Q1 Growth and Strategic Operational Enhancements

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Directa Plus Reports Strong Q1 Growth and Strategic Operational Enhancements

Directa Plus ( (GB:DCTA) ) has shared an announcement.

Directa Plus has reported a strong start to FY2025 with a 40% increase in Q1 revenues, driven by contract renewals in its Environmental and Textiles divisions. The company has also implemented strategic operational improvements, including cost savings and leadership changes at Setcar, and enhancements at the Lomazzo plant to boost productivity and reduce costs. These efforts are part of a broader strategy to regain growth momentum, as evidenced by new agreements and a robust order book. The company is also exploring new opportunities in various sectors, including a joint R&D initiative for battery materials.

More about Directa Plus

Directa Plus is a major producer and supplier of graphene-based products for consumer and industrial markets. The company utilizes a proprietary patented technology for manufacturing graphene, which involves a physical process to convert natural graphite into graphene nanoplatelets. This sustainable and non-toxic production method results in hybrid graphene materials suitable for various applications. Established in 2005 and based in Lomazzo, Italy, Directa Plus is listed on the AIM market of the London Stock Exchange and holds the Green Economy Mark.

YTD Price Performance: -3.85%

Average Trading Volume: 83,969

Technical Sentiment Signal: Strong Buy

Current Market Cap: £6.53M

Learn more about DCTA stock on TipRanks’ Stock Analysis page.

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