logo-loader
viewDirecta Plus PLC

Directa Plus inks high performance textiles deal with Alfredo Grassi

Giulio Cesareo, chief executive of Directa Plus Plc (LON:DCTA) caught up with Proactive's Andrew Scott on the back of their interims.

Cesareo says he's expecting a much stronger second half following on from the commercial progress they've made in the opening six months of the year.

Revenues fell to €0.3mln (H1 2016: €0.4mln) due to a reduction in volume of sales into the bicycle tyre market, but Directa expects to double that figure in the second half.

Giulio Cesareo also discusses their new supply contract with Alfredo Grassi  for G+ that is expected to net the company €0.6mln over the next 18 months.

Quick facts: Directa Plus PLC

Price: 77.5 GBX

AIM:DCTA
Market: AIM
Market Cap: £47.27 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Directa Plus PLC named herein, including the promotion by the Company of Directa Plus PLC in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Directa Plus to add graphene enhancement G+ to range of jeans

Giulio Cesareo, chief executive of Directa Plus Plc (LON:DCTA), tells Proactive Investors they're to add their graphene enhancement G+ to a range of jeans made by Arvind - one of India’s top textile groups. Arvind makes six million pairs of jeans every year using 100mln metres of fabric...

on 15/5/18

2 min read