Symphony Environmental Technologies Reports Revenue Growth and Reduced Losses

Symphony Environmental Technologies ( (GB:SYM) ) has shared an announcement.

Symphony Environmental Technologies reported a 4% increase in group revenues to £6.59 million for the year ended December 2024, alongside a significant 31% rise in gross profit. The company has made strides in reducing its operating loss by 45% and is on track to improve further in 2025, driven by sales growth and cost reductions. The company is expanding its market reach with new legislation in Mexico supporting its d2w technology and endorsements from various countries on its microplastics position paper. Symphony is also advancing trials for its d2p AI natural insecticide technology and NbR sales in several countries, positioning itself for future growth.

More about Symphony Environmental Technologies

Symphony Environmental Technologies Plc is a global specialist in technologies that enhance the functionality of plastic and rubber products, making them smarter, safer, and more sustainable. The company focuses on oxo-biodegradable and antimicrobial technologies, with a market presence in multiple countries through a network of distributors.

Average Trading Volume: 651,522

Technical Sentiment Signal: Buy

Current Market Cap: £16.98M

For an in-depth examination of SYM stock, go to TipRanks’ Stock Analysis page.