Zotefoams (LON: ZTF) is holding its AGM on Wednesday 26 May and there should be a further update on trading, which appeared to be going well at the time of the full year figures. Profit should bounce back this year, but there are still short-term uncertainties.
The 2020 figures held up relatively well with a small drop in underlying pre-tax profit to £8.6m. That was after a record second half. The high performance products (HPP) business continues to benefit from demand from footwear manufacturers, while PPE demand held up sales of polyolefin foams.
If the losses can be stemmed at MuCel...
