Proactive Investors - Run By Investors For Investors

Directa Plus doubles revenues as graphene products build traction

Directa has projects ongoing to incorporate graphene into textiles, pollution treatments, tyre re-treads and road surfaces
workwear
Alfredo Grassi placed a €700,000 workwear order last year

Graphene product specialist Directa Plus PLC (LON:DCTA) more than doubled annual revenues as its raft of commercial partnerships started to generate orders.

Total income in 2018 rose to €2.5mln (€1.23mln) with sales of €2.25mln (€1mln) if grants are excluded.

READ: Directa Plus pioneers graphene use as sector evolves

Directa has projects ongoing to incorporate graphene into textiles, pollution treatments, tyre re-treads and road surfaces.

Giulio Cesareo, chief executive, said Directa was starting to see real commercial traction across the portfolio.

“There is every reason to look forward with great excitement to the coming year's activity at Directa Plus as we move forward on a number of extremely promising fronts."

Losses for the year were little changed at €3.96mln, while the AIM-listed group closed 2018 with cash of €5.5mln.

View full DCTA profile View Profile

Directa Plus PLC Timeline

Related Articles

tubes
November 15 2018
The company is a leading global producer of Halloysite clay and owns the only deposit in the western hemisphere big enough for large-scale commercial production
1544205739_Playground.jpg
December 08 2018
The group is also now launching new product lines, including trampoline parks, which complement its soft play parks
Ski wear
June 27 2019
Graphene has been dubbed a “miracle” material, being around 200-times stronger than steel, transparent and able efficiently to conduct heat and electricity

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use