Directa Plus (AIM: DCTA), a producer and supplier of graphene-based products for use in consumer and industrial markets, is pleased to provide a trading update in respect of its current financial year ended 31 December 2018.
The Company has made good progress during the second half of 2018, with orders and agreements signed for Textiles, Environmental and Composites for both 2018 and 2019. Accordingly, the Board is confident of achieving consensus market estimates for the year ended December 2018, including revenues of €2.3 million.
Commenting, Giulio Cesareo, Founder and CEO of Directa Plus, said: “2018 has been a good year for Directa Plus, in terms of accelerating commercial traction, agreements and collaborations signed and orders for our products this year and 2019. We also repositioned ourselves in the key verticals we target for G+ products in order to move up the value chain, selling more than just pristine graphene nanoplatelets, so as to capture additional value for our shareholders. Looking forward we now have clearer visibility of a proportion of next year’s revenue, and as such the Board looks forward to 2019 with increasing confidence.”
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