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Symphony Environmental Technologies

  • BY: Andrew Hore |
  • POSTED: 19/05/2013 |

Symphony Environmental Technologies says that revenues in the first four months of 2013 are already higher than the 2.12m reported for the first half of 2012.

This was helped by revenues delayed from 2012. Most of those revenues are in overseas as governments legislate concerning biodegradable plastics. 
Symphony does not expect significant sales of d2t tag and trace technologies until the second half of 2014. Sales of d2p anti-microbial products should come through more quickly and the market for d2p could be larger than for the core d2w oxo-biodegradable.

Symphony is still developing tyre recycling technologies.

At 4.38p a share, up 0.38p, Symphony is valued at 5.6m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFMay2013_44.pdf

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