Light Science Technologies Highlights Growth and Profitability at Capital Markets Day

Light Science Technologies Holdings plc ( (GB:LST) ) has shared an update.

Light Science Technologies Holdings plc announced its Capital Markets Day, highlighting growth opportunities and margin improvements across its divisions. The company reported record revenue and gross profit margin for the year ending November 2024, with a profitable H2. The AgTech division, renamed from controlled environment agriculture, is expected to drive significant growth, supported by a partnership with Agrolux. The passive fire protection division benefits from legislative backing, with a growing pipeline of projects. The company is well-positioned for continued growth, focusing on profitable trading and operational self-funding.

More about Light Science Technologies Holdings plc

Light Science Technologies Holdings plc operates through three divisions: AgTech, contract electronics manufacturing, and passive fire protection. The company designs, manufactures, and installs products and customized solutions across various sectors including commercial horticulture, pest control, lighting, audio, gas detection, and fire protection. It focuses on addressing global challenges related to food security, climate change, and fire protection, and is committed to developing robust solutions in these rapidly growing market sectors.

YTD Price Performance: 10.71%

Average Trading Volume: 753,728

Technical Sentiment Consensus Rating: Sell

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