Zotefoams (LON:ZTF) Posts 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 results 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 Performance

Shares of LON:ZTF opened at GBX 379 ($5.06) on Thursday. The business has a 50-day moving average of GBX 311.90 and a two-hundred day moving average of GBX 288.03. The firm has a market capitalization of £182.29 million, a PE ratio of 18.35, a P/E/G ratio of 0.66 and a beta of 1.40. The company has a debt-to-equity ratio of 42.07, a current ratio of 1.30 and a quick ratio of 0.67. Zotefoams has a 12 month low of GBX 222 ($2.97) and a 12 month high of GBX 500 ($6.68).

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.