Zotefoams shares surge on record first-half results and upbeat outlook

Published 05/08/2025, 10:26
© Reuters.

Investing.com -- Shares of Zotefoams (LON:ZTF) jumped nearly 16% on Tuesday after the company reported strong first-half results and raised its full-year outlook.

The manufacturer of closed cell crosslinked foams posted a 37% increase in pretax profit for the first half of the year, marking a record performance for the period.

Revenue rose 9% compared to the same period last year.

Following these results, Zotefoams announced it now expects full-year underlying pretax profit to exceed current market expectations.

The significant share price movement reflects the company’s better-than-anticipated financial performance and improved outlook for the remainder of the year.

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