The strong cash flow also enables the acquisition strategy. The value creation in the acquisitions is evident from the fact that acquisitive growth is achieved without diluting the group’s return on capital.Full report is available via Capital Network website
Symphony has developed and is selling a range of additives that help control the life of plastic.
With global plastics consumption continuing to grow, a company that aims to make plastics smarter should have a strong role to play. Symphony has developed and is selling a range of additives that help control the life of plastic with huge environmental possibilities while newer product areas, focused on protection, are emerging out of an investment phase. With high gross margin potential, the benefit from operational gearing will have a positive impact on forecasts. An early stage company with exciting potential ahead. Technical trials and consumer listings should provide positive newsflow.
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