Zotefoams (ZTF)

Sector:

Industrial Chemicals

Index:

FTSE Small Cap

436.00p
   
  • Change Today:
    -14.00p
  • 52 Week High: 500.00
  • 52 Week Low: 353.00
  • Currency: UK Pounds
  • Shares Issued: 48.62m
  • Volume: 1,109
  • Market Cap: £211.99m
  • RiskGrade: 186

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Zotefoams investing £12m in Croydon facility

By Josh White

Date: Thursday 14 Dec 2017

LONDON (ShareCast) - (ShareCast News) - Cellular materials technology company Zotefoams announced that it will invest approximately £12m to increase capacity at its Croydon site.
The company said that over the past few years, demand for high-performance products had increased, and with strong customer interest in the product range it expected demand to continue to grow "significantly".

It said the planned investment was intended to install low-pressure autoclaves, primarily for expansion of ZOTEK HPP foams.

The company currently operates four smaller low-pressure autoclaves for the range of products, two of which were commissioned in early 2017.

Zotefoams said the investment, in two larger low-pressure autoclaves, buildings and associated infrastructure, would increase expansion capacity for the ZOTEK foams product range by a factor of up to six times.

The company said it expected the enhanced capacity to come on stream during 2019.

"Our pipeline of opportunities to sell higher margin HPP materials is developing very positively and, with strong customer interest in our products, we believe that now is the right time to invest in increased manufacturing capacity to support our future growth," said Zotefoams group CEO David Stirling.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Zotefoams Market Data

Currency UK Pounds
Share Price 436.00p
Change Today -14.00p
% Change -3.11 %
52 Week High 500.00
52 Week Low 353.00
Volume 1,109
Shares Issued 48.62m
Market Cap £211.99m
RiskGrade 186

Zotefoams Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
32.5% below the market average32.5% below the market average32.5% below the market average32.5% below the market average32.5% below the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Price Trend
20.27% below the market average20.27% below the market average20.27% below the market average20.27% below the market average20.27% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Income
65.67% below the market average65.67% below the market average65.67% below the market average65.67% below the market average65.67% below the market average
Sector averageSector averageSector averageSector averageSector average
Growth
5.56% above the market average5.56% above the market average5.56% above the market average5.56% above the market average5.56% above the market average
44.44% below the sector average44.44% below the sector average44.44% below the sector average44.44% below the sector average44.44% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Zotefoams Dividends

  Latest Previous
  Final Interim
Ex-Div 06-May-21 10-Sep-20
Paid 01-Jun-21 09-Oct-20
Amount 4.27p 2.03p

Trades for 27-Jul-2021

Time Volume / Share Price
16:35 20 @ 436.00p
14:14 269 @ 445.00p
13:38 500 @ 444.00p
12:02 160 @ 437.00p
11:30 160 @ 439.00p

Zotefoams Key Personnel

CEO David Stirling
Finance Director Gary McGrath

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