Zotefoams (LON:ZTF) Releases Quarterly Earnings Results

Key Points

• Zotefoams reported quarterly earnings of GBX 19.99 ($0.27) per share, with a net margin of 7.45% and a return on equity of 8.42%.
• The company's stock rose to GBX 331 ($4.40), significantly above its one-year low of GBX 222 ($2.95) and below its one-year high of GBX 525.60 ($6.99).
• Zotefoams focuses on manufacturing polyolefin block foams through various segments including High-Performance Products and MuCell Extrusion LLC, offering eco-friendly alternatives to traditional materials.

Zotefoams (LON:ZTF - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported GBX 19.99 ($0.27) earnings per share for the quarter, Digital Look Earnings reports. Zotefoams had a net margin of 7.45% and a return on equity of 8.42%.

Zotefoams Stock Down 4.5%

Shares of ZTF stock traded down GBX 17 ($0.23) during trading on Friday, reaching GBX 360 ($4.84). The company's stock had a trading volume of 119,095 shares, compared to its average volume of 119,088. The company has a debt-to-equity ratio of 42.07, a current ratio of 1.30 and a quick ratio of 0.67. The company has a market capitalization of £173.15 million, a price-to-earnings ratio of 17.43, a P/E/G ratio of 0.66 and a beta of 1.40. The stock's 50-day moving average price is GBX 314.74 and its 200 day moving average price is GBX 289.03. Zotefoams has a 1-year low of GBX 222 ($2.99) and a 1-year high of GBX 500 ($6.72).

Zotefoams Company Profile

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polyolefin block foams in the United Kingdom, rest of Europe, North America, and internationally. The company operates through Polyolefin Foams, High-Performance Products, and MuCell Extrusion LLC segments. It offers AZOTE, a polyolefin foam under the Plastazote, Evazote, and Supazote, AZOTE Adapt brands; and various high-performance foams manufactured from fluoropolymers, engineering polymers, and specialty elastomers under the ZOTEK brand; and Ecozote foam for plastic products that offers circularity and reduce reliance on fossil fuel-derived raw materials.