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The latest announcement is out from Iofina plc ( (GB:IOF) ).
Iofina plc reported record revenues and iodine production for the first half of 2025, with a 12.3% increase in revenue to $29.2 million and a 21.2% rise in gross profit to $6.3 million. The company achieved a 10.6% increase in iodine production, supported by strong market demand and high iodine prices. The commissioning of the new IO#11 plant is expected to significantly contribute to future production, with the company anticipating production of 400-440 metric tonnes of crystalline iodine in the second half of 2025. Iofina remains well-positioned to continue its growth strategy, leveraging strong cash generation and banking facilities to finance ongoing operational investments.
More about Iofina plc
Iofina plc is a vertically integrated company specializing in the production of iodine and the manufacturing of specialty chemical products. It is the second-largest producer of iodine in North America, operating through its subsidiaries Iofina Resources and Iofina Chemical. The company focuses on environmentally friendly iodine extraction from oil and gas brine streams, and it operates eight iodine extraction plants in Oklahoma.
Average Trading Volume: 205,114
Technical Sentiment Signal: Buy
Current Market Cap: £46.05M
See more insights into IOF stock on TipRanks’ Stock Analysis page.