Directa Plus reports 1st-quarter growth but expects wider loss for 2024
Directa Plus has reported revenue growth for the first three months of 2025, though it expects to post a widened loss for 2024.
The company said it has delivered first-quarter revenue of around €2 million, which is up around 40% from a year before. This was driven by contract renewals across its Environmental and Textiles divisions. Directa Plus is due to release its 2024 results in mid-May. It expects to post a full-year loss before interest, tax, depreciation and amortization of around €3.6 million, widened from a €2.6 million loss in 2023 and compared to company-compiled market consensus for a €3.4 million loss. Directa Plus also expects to report reduced revenue of around €6.7 million for the year, down 36% from €10.5 million in 2023.
Source: https://www.graphene-info.com/directa-plus-reports-1st-quarter-growth-expects-wider-loss-2024
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