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The latest announcement is out from MicroSalt plc ( (GB:SALT) ).
MicroSalt plc announced a record-breaking Q1 2025 with significant growth in its B2B bulk business, achieving 98mT in sales, marking a 142% increase over the total bulk revenue of 2024. The company expanded its market presence to Great Britain and Belgium and saw substantial orders from major food manufacturers, particularly Customer 3. Additionally, the launch of the MicroSalt Premium line targeting quick service restaurants has been well-received, with potential rollouts planned for Q3 2025. The company anticipates further growth and revenue exceeding $2.5 million in 2025, driven by a robust pipeline and expanded sales team.
More about MicroSalt plc
MicroSalt plc is a leading manufacturer in the food industry, specializing in producing a patented full-flavor, low-sodium salt. The company aims to disrupt the food market by offering a healthier alternative to traditional salt, addressing the global demand for reduced sodium intake. With its micron-sized particles, MicroSalt delivers the same saltiness with approximately 50% less sodium, aligning with health initiatives like the WHO’s target to reduce global sodium intake.
YTD Price Performance: -28.57%
Average Trading Volume: 34,241
Technical Sentiment Signal: Strong Buy
For detailed information about SALT stock, go to TipRanks’ Stock Analysis page.