Zenova Group reports 60% revenue growth in first half 2025

LONDON - Zenova Group PLC (AIM:ZED), a provider of fire safety and heat management technology, reported a 60% increase in sales to £85,000 for the six months ended May 31, 2025, compared to £53,000 in the same period last year.

The company reduced its operating loss by 35% to £403,000 from £617,000 in the prior-year period, according to its unaudited interim results. Loss after taxation improved by 37% to £302,000, with loss per share decreasing to £0.15 from £0.40.

Zenova’s gross margin slightly improved to 43% from 42% in the comparable period.

The fire safety technology firm expanded its distribution network during the period, entering the Spanish market and securing new orders across multiple product lines. Notable customers included The All-England Tennis & Croquet Club Wimbledon, which purchased Zenova FX extinguishers, and Robert Price Ltd, described as the largest building merchant in South Wales, which placed a restock order for Zenova paints and coatings.

The company also reported international sales, including deliveries to Czech Republic Customs Authorities through its new distribution partner Proteng.

Since the period end, Zenova has executed sales of approximately £50,000, with a further £130,000 of confirmed orders being fulfilled. The company expects an additional £120,000 of orders to be executed by its financial year-end in November.

Zenova strengthened its manufacturing capabilities through a joint venture facility in Albania, which became operational ahead of schedule in May. The company also secured £250,000 in February through a placing and subscription of shares, followed by an additional £262,500 raised in August.

The company’s product portfolio includes fire-retardant paints, insulating coatings, fire extinguishers, and wildfire barrier solutions. Zenova’s distribution network now covers markets in Europe, North America, Latin America, and India, according to the press release statement.

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