Directa Plus upgrades outlook on annual revenue; makes strong start to 2021


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Graphene nanoplatelets based products maker Directa Plus upgraded its outlook on revenue and said it had made a strong start to the year.

Audited results for FY2020, expected in mid-May 2021, is now forecast to show revenue of approximately €6.7 million, a further improvement from the previously reported expectation of €6.5 million, the company said.

The Group's current order book stood at approximately €4.3 million, which was expected to be delivered over the rest of FY2021.

Trading in Q1 2021 has been 'strong,' with revenues expected to be around €1.8 million, up 20% from the same period in 2020, it added.

At 8:39am: (LON:DCTA) Directa Plus Plc share price was 0p at 61p

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