Full year results from foams manufacturer Zotefoams show the early benefits of the contract to supply high performance foam materials to Nike for some of its sports shoe ranges. There are growth prospects across the Zotefoams product range, and this should ensure significantly increasing profit over the next few years.
Nike is rolling out a number of products that use the company’s high performance foams, which can be formulated for specific needs, and additional products are likely to be added but the timing is uncertain.
This has propelled the growth in the high performance foams di...