Tillkännagivande • Jul 08
Symphony Environmental Technologies plc, Annual General Meeting, Aug 04, 2026 Symphony Environmental Technologies plc, Annual General Meeting, Aug 04, 2026. Location: the doubletree by hilton, barnet by pass, borehamwood, hertfordshire, wd6 5pu, United Kingdom Reported Earnings • Jul 01
Full year 2025 earnings released: UK£0.011 loss per share (vs UK£0.006 loss in FY 2024) Full year 2025 results: UK£0.011 loss per share (further deteriorated from UK£0.006 loss in FY 2024). Revenue: UK£5.73m (down 13% from FY 2024). Net loss: UK£2.50m (loss widened 86% from FY 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jun 22
Symphony Environmental Technologies plc Showcases Advanced Materials Technologies At Saudi Plastics & Petrochem and Saudi Print & Pack Exhibition Symphony Environmental Technologies plc announced its participation at the Saudi Plastics & Petrochem and Saudi Print & Pack exhibition, taking place from 21-24 June 2026 at the Riyadh International Convention & Exhibition Center. At the exhibition, Symphony is showcasing a portfolio of advanced materials technologies: d2p functional technologies, including antimicrobial, flame retardant, anti-insect and other performance-enhancing technologies; NbR (Natural Biodegradable Resin)- a lower-cost, lower-carbon biodegradable resin incorporating natural minerals and reduced polymer content; d2w biodegradable plastics- designed to address plastic pollution by enabling plastics to biodegrade in the open environment without leaving persistent microplastic residues. These technologies integrate into existing plastic manufacturing processes without requiring changes to equipment or supply chains, enabling immediate commercial adoption. Saudi Arabia has implemented mandatory regulations under SASO 2879 requiring a broad range of short-life plastic products to use SASO-approved oxo-biodegradable technology and carry the official SASO mark. Symphony's d2w is one of very few approved technologies. The UAE has similar regulations. Phase 1 of the enforcement programme covers high-volume applications including plastic bags, packaging films, agricultural films, liners, table covers and disposable personal care items. These requirements apply to both locally manufactured and imported products, and non-compliant products are not permitted in the Saudi market, creating a clear regulatory barrier to entry. Symphony's d2w technology is fully compliant, carries the Saudi Quality Mark, and products made for it are approved for supply into the Kingdom and export to the UK and other markets. Symphony also has authorised toll-manufacturing facilities in Jeddah and Taiwan. Board Change • May 21
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Michael Kayser was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 30
Symphony Environmental Technologies plc Updates Earnings Guidance for the Year Ended 31 December 2025 Symphony Environmental Technologies plc updated earnings guidance for the year ended 31 December 2025. Group revenue for Fiscal Year 2025 will be higher than previously guided, at approximately £5.7 million. The net loss including provisions and strategic costs for Fiscal Year 2025 is expected to be £2.5 million (Fiscal Year 2024: £1.3 million). Tillkännagivande • Jul 08
Symphony Environmental Technologies plc Provides Update on Approval from the Republic of Ireland Symphony Environmental Technologies Plc make this updated announcement following guidance and clarification from the Office of Environmental Enforcement of the Environmental Protection Agency in the Republic of Ireland, a member-state of the European Union. The EPA statement of 20th June 2025, repeated below, does not change: Following a thorough review of the submitted documentation and relevant scientific studies, the company can confirm that d2w products do not fall within the scope of Directive (EU) 2019/904, which prohibits the use of certain plastic materials due to their contribution to microplastic pollution. The d2w technology has been scientifically demonstrated to undergo full biodegradation without leaving behind persistent microplastics or toxic residues. This conclusion is supported by independent studies and aligns with the objectives of the Directive to reduce plastic pollution and promote sustainable alternatives. Furthermore, the company have reviewed the Commission Notice (2021/C 216/01) published in the Official Journal of the European Union on 7 June 2021, which provides guidelines on the implementation of Directive (EU) 2019-904. Based on the evidence submitted, the company are satisfied that d2w products are not subject to the restrictions outlined in the Directive or its accompanying guidelines. The company announcement of the 23 June repeated verbatim the approval company had received from Ireland, but the heading was technically incorrect. In the view of the EPA of Ireland, and based on the scientific evidence relating to d2w, only plastic products made with d2w are proven to fully biodegrade without leaving persistent microplastics or toxic residue, and are therefore different to oxo-degradable or oxo-biodegradable plastics as defined by the EU Directive 2019/904 or the EU Commission Notice 2021/C 216/01, which states that such plastics do not properly biodegrade and leave persistent microplastics. The company's CEO, Michael Laurier, said. Tillkännagivande • Jun 24
Symphony Environmental Technologies plc Receives Approval from Office of Environmental Enforcement of the Environmental Protection Agency in the Republic of Ireland Symphony Environmental Technologies Plc announced that it has received approval as follows from the Office of Environmental Enforcement of the Environmental Protection Agency in the Republic of Ireland, a member-state of the European Union: "Following a thorough review of the submitted documentation and relevant scientific studies, the company can confirm that d2w products do not contain oxo-degradable or oxo-biodegradable materials as defined by Directive (EU) 2019/904, which prohibits the use of oxo-degradable plastics due to their contribution to microplastic pollution. The d2w technology is classified as oxo-biodegrade, involving both oxidative and microbial degradation processes that result in full biodegradation without leaving toxic residues or persistent microplastics. This distinction is supported by independent studies and aligns with the objectives of the Directive to reduce plastic pollution and promote sustainable alternatives. Furthermore, the company have reviewed the Commission Notice (2021/C 216/01) published in the Official Journal of the European Union on 7 June 2021, which provides guidelines on the implementation of Directive (EU) 2019/904. The Notice confirms that the Directive applies to all products made from oxo-degradable plastic. Based on the evidence submitted, the company are satisfied that d2w products does not fall within this category, as they are designed to undergo full biodegradation without leaving microplastics. Therefore, they are not subject to the restrictions outlined in the Directive or its accompanying guidelines. Accordingly, the company are satisfied that the materials in question do not fall under the scope of concern for oxo-degradableastics. The company therefore confirm that there is no objection to the distribution of d2w products in Ireland, and the company consider this investigation closed". Tillkännagivande • Jun 18
Symphony Environmental Technologies plc, Annual General Meeting, Jul 23, 2025 Symphony Environmental Technologies plc, Annual General Meeting, Jul 23, 2025. Location: the doubletree by hilton, barnet by pass, borehamwood, hertfordshire, wd6 5pu, United Kingdom Tillkännagivande • May 08
Symphony Environmental Technologies plc has completed a Follow-on Equity Offering in the amount of £2.5 million. Symphony Environmental Technologies plc has completed a Follow-on Equity Offering in the amount of £2.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,250,000
Price\Range: £0.2
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,250,000
Price\Range: £0.2
Transaction Features: Subsequent Direct Listing Tillkännagivande • Nov 26
Symphony Environmental Technologies plc Announces New Product Launch Nbr Natural/Biodegradable Resin Symphony Environmental Technologies plc announced a new natural and biodegradable resin, branded NbR. It is suitable for a wide range of packaging products and for agricultural mulch-films. This technology was first developed by Symphony in 2011, but due to increased focus on reducing fossil resources in plastics, their early formulations have been upgraded during 2024, and NbR is the result. NbRis made with natural minerals to reduce the amount of fossil-derived polyethylene or polypropylene used for making plastic products. The products will also biodegrade safely in nature without leaving microplastics if they escape recycling and end up as litter in the open environment. When NbR is used instead of normal PE or PP resins it will reduce the amount of fossil-derived plastic in the product by 20%, as well as cutting CO2 emissions. NbR resin is a solution for customers who are urgently looking to reduce their use of fossil-derived plastics, with no material cost increase, and to reduce their impact on the environment. Theglobal resin market sizefor which NbR is suitable was valued at $556.00 billion in 2023 and is projected to grow to £859.27 billion by 2032, at a CAGR of 5.0%. NbR technology is consistent with EU and FDA-USA Packaging Food Contact Regulations, and products are tested for biodegradability and non-toxicity according to international Standards. Reported Earnings • Sep 15
First half 2024 earnings released: UK£0.003 loss per share (vs UK£0.004 loss in 1H 2023) First half 2024 results: UK£0.003 loss per share (improved from UK£0.004 loss in 1H 2023). Revenue: UK£3.44m (down 3.8% from 1H 2023). Net loss: UK£542.0k (loss narrowed 29% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings. New Risk • Sep 11
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -UK£591k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£591k free cash flow). Share price has been highly volatile over the past 3 months (91% average weekly change). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (€7.88m market cap, or US$8.70m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). Tillkännagivande • Aug 23
Symphony Environmental Technologies plc to Report First Half, 2024 Results on Sep 09, 2024 Symphony Environmental Technologies plc announced that they will report first half, 2024 results on Sep 09, 2024 Reported Earnings • Jun 07
Full year 2023 earnings released: UK£0.012 loss per share (vs UK£0.016 loss in FY 2022) Full year 2023 results: UK£0.012 loss per share (improved from UK£0.016 loss in FY 2022). Revenue: UK£6.35m (up 3.2% from FY 2022). Net loss: UK£2.18m (loss narrowed 25% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings. New Risk • Jun 07
New major risk - Negative shareholders equity The company has negative equity. Total equity: -UK£400k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (68% average weekly change). Negative equity (-UK£400k). Earnings have declined by 48% per year over the past 5 years. Market cap is less than US$10m (€6.60m market cap, or US$7.19m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). New Risk • Apr 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (53% average weekly change). Earnings have declined by 59% per year over the past 5 years. Market cap is less than US$10m (€7.78m market cap, or US$8.27m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (11% increase in shares outstanding). Tillkännagivande • Mar 30
Symphony Environmental Technologies plc has completed a Follow-on Equity Offering in the amount of £1.41023 million. Symphony Environmental Technologies plc has completed a Follow-on Equity Offering in the amount of £1.41023 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 39,071,400
Price\Range: £0.035
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,220,887
Price\Range: £0.035
Transaction Features: Subsequent Direct Listing New Risk • Mar 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (56% average weekly change). Earnings have declined by 59% per year over the past 5 years. Market cap is less than US$10m (€8.48m market cap, or US$9.20m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). Tillkännagivande • Jan 02
Symphony Environmental Technologies plc Appoints Michael Kayser as an Independent Non-Executive Director Symphony Environmental Technologies plc announced that Michael Kayser has been appointed as an independent non-executive director of the Company with immediate effect. Michael is an experienced finance professional with more than 40 years' experience across a variety of roles in both UK and with international organisations. During the last 10 years he has primarily provided non-executive director services to organizations including the Transport Research Foundation, Biome Technologies Plc, the Transport Systems Catapult and Stobart Group Limited. Prior to this, Michael also worked for Accenture, Guinness (worldwide Finance Director for its beer division), HSBC, Laporte plc (Finance Director), Lloyds Register (CFO and Chief Operating Officer), Royal Bank of Scotland (private equity) and Unilever. Michael Arthur Kayser (aged 68) holds, or has held in the past five years, the following directorships and partnerships: Current directorships: Transport Research Foundation, Trade Advisers Ltd. Directorships held in last 5 years: Transport Systems Catapult Ltd., Malachite Advisers Ltd. and Biome Technologies Plc. New Risk • Nov 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.01m (US$8.80m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (35% average weekly change). Earnings have declined by 59% per year over the past 5 years. Market cap is less than US$10m (€8.01m market cap, or US$8.80m). New Risk • Oct 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.02m (US$9.62m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 59% per year over the past 5 years. Market cap is less than US$10m (€9.02m market cap, or US$9.62m). Tillkännagivande • Oct 20
Symphony Environmental Technologies plc announced that it expects to receive £1 million in funding from Sea Pearl Ventures Limited Symphony Environmental Technologies plc announced that it has entered into convertible loan agreement to issue unsecured convertible loan in the principal amount of £1,000,000 on October 18, 2023. The transaction included participation from returning investor, Sea Pearl Ventures Limited. The company will pay interest at rate of 7% per annum, payable as accrued on repayment and/or conversion. If not repaid before September 30, 2024, conversion on that date. Conversion price is 80% of the volume-weighted average share price for the 3 months prior to September 30, 2024.
On the same date, the company has received £500,000 in its first tranche and expects to receive £500,000 on or before 31 March 2024. Reported Earnings • Oct 02
First half 2023 earnings released: UK£0.004 loss per share (vs UK£0.007 loss in 1H 2022) First half 2023 results: UK£0.004 loss per share (improved from UK£0.007 loss in 1H 2022). Revenue: UK£3.57m (up 20% from 1H 2022). Net loss: UK£765.0k (loss narrowed 41% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings. Tillkännagivande • Aug 11
Symphony Environmental Technologies plc Announces Directorate Resignations Symphony Environmental Technologies Plc announced that both Robert ("Bob") Wigley, Non-Executive Director and Alexander Brennan, Executive Director, have resigned with immediate effect from the Board of the company in order to concentrate on other business opportunities. Following their resignations, the Board will comprise three Executive Directors and one Non-Executive Director: Nicholas Clavel, Non-Executive Director and Chairman. Michael Laurier, Chief Executive Officer. Ian Bristow, Chief Financial Officer and Michael Stephen, Executive Director and Deputy Chairman. Accordingly, and recognising QCA corporate governance guidelines, the Company will conduct a search including engaging an external search agency, to appoint two new independent Non-Executive Directors. Tillkännagivande • Jul 04
Symphony Environmental Technologies plc Announces Shaun Robinson, Non-Executive Director, Resigned from the Board of the Company Symphony Environmental Technologies Plc announces that Shaun Robinson, Non-Executive Director, has resigned from the Board of the Company to concentrate on his other business interests. Tillkännagivande • Jun 09
Symphony Environmental Technologies plc, Annual General Meeting, Jun 29, 2023 Symphony Environmental Technologies plc, Annual General Meeting, Jun 29, 2023, at 09:30 Coordinated Universal Time. Location: 6 Elstree Gate, Elstree Way, Borehamwood Hertfordshire United Kingdom Reported Earnings • Jun 01
Full year 2022 earnings released: UK£0.016 loss per share (vs UK£0.008 loss in FY 2021) Full year 2022 results: UK£0.016 loss per share (further deteriorated from UK£0.008 loss in FY 2021). Revenue: UK£6.15m (down 33% from FY 2021). Net loss: UK£2.89m (loss widened 105% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance. Breakeven Date Change • May 10
Forecast to breakeven in 2023 The analyst covering Symphony Environmental Technologies expects the company to break even for the first time. New forecast suggests losses will reduce by 43% to 2022. The company is expected to make a profit of UK£1.16m in 2023. Average annual earnings growth of 154% is required to achieve expected profit on schedule. Board Change • Nov 21
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 1 independent director (6 non-independent directors). Independent Non-Executive Director Bob Wigley was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 30
First half 2022 earnings released: UK£0.007 loss per share (vs UK£0.003 loss in 1H 2021) First half 2022 results: UK£0.007 loss per share (further deteriorated from UK£0.003 loss in 1H 2021). Revenue: UK£2.97m (down 39% from 1H 2021). Net loss: UK£1.30m (loss widened 158% from 1H 2021). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Tillkännagivande • Sep 29
Symphony Environmental Technologies plc Announced Revenue Guidance for Between Fourth Quarter 2022 and First Half 2023 Symphony Environmental Technologies plc announced revenue guidance for between Fourth Quarter 2022 and H1 2023. expect to achieve a minimum annualized run-rate revenue of £14.0 million between Fourth Quarter 2022 and H1 2023, through the conversion of a number of active near term active pipeline opportunities, and is made up as follows, compared to Fiscal Year 2021. Breakeven Date Change • Aug 06
Forecast breakeven date pushed back to 2023 The 2 analysts covering Symphony Environmental Technologies previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 99% to 2022. The company is expected to make a profit of UK£890.0k in 2023. Average annual earnings growth of 104% is required to achieve expected profit on schedule. Breakeven Date Change • Aug 01
Forecast breakeven date pushed back to 2023 The 2 analysts covering Symphony Environmental Technologies previously expected the company to break even in 2022. New consensus forecast suggests the company will make a profit of UK£1.20m in 2023. Average annual earnings growth of 76% is required to achieve expected profit on schedule. Breakeven Date Change • Jun 30
Forecast breakeven date pushed back to 2023 The analyst covering Symphony Environmental Technologies previously expected the company to break even in 2022. New forecast suggests the company will make a profit of UK£1.20m in 2023. Average annual earnings growth of 76% is required to achieve expected profit on schedule. Reported Earnings • Jun 09
Full year 2021 earnings released: UK£0.008 loss per share (vs UK£0.002 loss in FY 2020) Full year 2021 results: UK£0.008 loss per share (down from UK£0.002 loss in FY 2020). Revenue: UK£9.16m (down 6.2% from FY 2020). Net loss: UK£1.41m (loss widened 329% from FY 2020). Over the next year, revenue is forecast to grow 30%, compared to a 6.5% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jun 07
Symphony Environmental Technologies plc, Annual General Meeting, Jun 29, 2022 Symphony Environmental Technologies plc, Annual General Meeting, Jun 29, 2022, at 11:00 Coordinated Universal Time. Location: 6 Elstree Gate, Elstree Way Herts, WD6 1JD Borehamwood Hertfordshire United Kingdom Tillkännagivande • May 18
Symphony Environmental Technologies plc Appoints Hon. Alexander Brennan as Executive Director Symphony Environmental Technologies plc announced that The Hon. Alexander Brennan will be appointed as an Executive Director of the Company with immediate effect. Alexander has nearly two decades' experience of delivering growth for businesses in the UK and internationally, both as principal and adviser. Alexander founded Brennan & Partners in 2016, a UK-headquartered consultancy, providing business development advisory services for UK and international clients. In his capacity as CEO of Brennan & Partners, he has provided business development advisory services to Symphony since February 2019. Prior to founding Brennan & Partners, Alexander was CEO of a global infrastructure investment business, building upon five years of international sales and business development experience with De La Rue plc. Alexander began his career at Slaughter and May, where he practised as a corporate lawyer for several years. Alexander is also an independent non-executive director of Big Technologies plc. Alexander will join Symphony on a part time basis, focusing on customer engagement, marketing and corporate matters. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. 1 independent director (5 non-independent directors). Independent Non-Executive Director Bob Wigley was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 31
Full year 2021 earnings released: UK£0.008 loss per share (vs UK£0.002 loss in FY 2020) Full year 2021 results: UK£0.008 loss per share (down from UK£0.002 loss in FY 2020). Revenue: UK£9.16m (down 6.2% from FY 2020). Net loss: UK£1.41m (loss widened 329% from FY 2020). Over the next year, revenue is forecast to grow 29%, compared to a 6.9% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Tillkännagivande • Dec 19
Symphony Environmental Technologies plc Provides Earnings Guidance for the Fourth Quarter and Full Year Ended 31 December 2021 Symphony Environmental Technologies plc provided earnings guidance for the fourth quarter and full year ended 31 December 2021. The company provided that revenue in the final quarter of fiscal year 2021 was comparatively much stronger than earlier in the year and is expected to total approximately £2.8 million and be operating break even. On an annualised basis, the Group would be generating revenue of at least £11.2 million.The company provided that group revenue (draft and unaudited) for the financial year ending 31 December 2021 is currently expected to be approximately £9.8 million (fiscal year 2020: £9.8 million) resulting in an operating loss of approximately £800,000 (fiscal yea 2020: £390,000 and first half of 2021: £600,000). Group revenue by product type is expected to show a 5% year-on-year increase of d2w masterbatch and a 29% year-on-year increase of d2p masterbatch. Tillkännagivande • Jul 15
Symphony Environmental Technologies Plc Announces New Enhanced and Expanded FDA Approval for Symphony's Antimicrobial Food Packaging Symphony Environmental Technologies Plc announced that it has received approval from the U.S. Food & Drug Administration ("FDA") for its d2p antimicrobial food contact technology, for a much greater loading of the d2p technology, and also wider use, of Symphony's original bread-packaging approval under FCN no. 2031, as announced on 26 February 2020 (RNS number: 1106E). More specifically, the FDA's approval for Symphony's d2p antimicrobial food contact technology, now applies to all types of polyolefin and polyester film for wrapping bread, instead of just linear low density polythene ("LLDPE"). Low density polythene ("LDPE") and polypropylene ("PP") are common packaging materials which are both now included. Symphony's d2p technology is intended to inhibit the growth of bacteria on the surface of the packaging film and is vital to a very hygiene-conscious industry. This important wider approval, given under FCN no. 2139 without limit of time, also allows up to three times increased loading of d2p technology in what is an innovative treatment to multi-layer plastic films most commonly used in bread-packaging, giving greater flexibility, efficacy and ultimately, greater value for Symphony's customers and Symphony itself. The Board therefore anticipate an acceleration of the commercial process in the near term. By virtue of the Federal Food Drug and Cosmetic Act (21 USC 348(h)(2)(C)) this approval is effective only for Symphony and does not include any similar or identical substance manufactured or prepared by a company or person other than Symphony. According to the Global Data report 2019 (Bread & Rolls (Bakery & Cereals) Market in the United States of America - Outlook to 2023) the US Packaging/Industrial Bread & Rolls Market by Volume in 2018 was 3,628 million kgs with a market value of more than $20 billion. This represents a significant opportunity for Symphony as it expects the d2p solution to prove a key source of commercial differentiation for packaged bread manufacturers. Pre-commercial trials for the USA and a number of other countries had already been progressing well in anticipation of today's widened approval, with trial data showing significant benefits from these further enhanced, and now FDA-approved, d2p treated films. Tillkännagivande • Jul 14
Symphony Environmental Technologies plc Provides Earnings Guidance for the Year Half Year Ended June 30, 2021 and for the Full Year Ending December 31, 2021 Symphony Environmental Technologies plc provided earnings guidance for the year half year ended June 30, 2021 and for the full year ending December 31, 2021. For the half year, the company’s operating loss is expected to be approximately £0.5 million compared to operating profit of £0.04 million.
For the year, the company continues to expect that results for the year will be in line with market expectations, for which consensus revenue and operating profit are £11.9 million and £0.4 million respectively. Reported Earnings • Jun 09
Full year 2020 earnings released: UK£0.002 loss per share (vs UK£0.004 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: UK£9.77m (up 19% from FY 2019). Net loss: UK£328.0k (loss narrowed 50% from FY 2019). Reported Earnings • Apr 02
Full year 2020 earnings released: UK£0.002 loss per share (vs UK£0.004 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: UK£9.77m (up 19% from FY 2019). Net loss: UK£328.0k (loss narrowed 50% from FY 2019). Tillkännagivande • Dec 02
Symphony Environmental Technologies Plc Announces Positive Coronavirus Test Results of d2p Products Symphony Environmental Technologies Plc announced that it has received further successful test reports from the Laboratory of Virology at the University of Campinas, Brazil (Unicamp) on the Company's anti-viral nitrile gloves and polypropylene fabric facemasks, made with Symphony's d2pAM (antimicrobial) technology. The gloves and facemasks were tested in accordance with ISO 21702-2019, the international standard for the measurement of anti-viral activity on plastics and other non-porous surfaces, against the Coronavirus strain MHV, genus Betacoronavirus (the same genus and family as SARS-CoV-1, SARS-CoV-2/COVID19 and MERS). The test reports concluded that "we recommend using d2pAM as a potential virucidal agent for the Coronavirus group and helps in controlling COVID-19." The d2pAM glove showed a 99.99% virus-reduction after only one hour of contact. The d2pAM facemask showed a 99% virus-reduction after one hour of contact with the facemask, and 99.9% after two hours. The same tests were performed on a glove and a facemask which did not contain d2pAM, and concluded that no virucidal effect was detected. This announcement follows Symphony's d2p anti-bacterial bread bags being approved by the FDA in the US in February 2020, and after Eurofins Laboratories in August 2020 and Unicamp in September 2020 proving anti-viral efficacy on polyethylene film made with Symphony's d2pAM technology. Tillkännagivande • Nov 16
Symphony Environmental Technologies plc Announces the Launch of SYMFresh Symphony Environmental Technologies plc announced the launch of SYMFresh, a new reusable press n' seal fruit and vegetable bag. The SYMFresh bags have been developed to keep climacteric fruit and vegetables fresher for longer. Climacteric fruit and vegetables release ethylene gas when placed or packaged in a plastic bag which causes accelerated ripening and decay of fruit and vegetables. This maturation can alter the colour and texture of the produce, effectively shortening the shelf life. The new SYMFresh bags have been made with Symphony's d2p ethylene adsorber technology, a microporous structure which adsorbs and traps the ethylene inside the film, delaying ripening and regulating moisture, to slow down the drying out process. By conserving the nutritional qualities, crispness and flavour of the fruit and vegetables, SYMFresh bags are proven to extend the shelf life of such produce by up to 40%. According to figures produced by WRAP (Waste and Resources Action Programme) an estimated one third of all food produced globally goes to waste. The UK alone wastes approximately 6.6 million tonnes of food annually with households accounting for 70% of this figure, and 34% of this wastage consisting of fruit and vegetables. Is New 90 Day High Low • Oct 30
New 90-day low: €0.23 The company is down 22% from its price of €0.29 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.27 per share. Tillkännagivande • Oct 05
UK Airport Group Introduces d2w Biodegradable Bag of Symphony Environmental Technologies Plc Symphony Environmental Technologies Plc announced that AGS Airports Ltd. to trial a new oxo-biodegradable 100 ml security bag. The switch to oxo-biodegradable security bags is the latest initiative introduced to help reduce AGS's carbon footprint. AGS has joined over 200 airports across Europe in signing ACI Europe's NetZero 2050 pledge, a commitment to achieving net zero for the carbon under their control by 2050. Plastic bags and packaging made with Symphony's d2w are just as strong, waterproof and flexible as regular plastic and can be used for all the same intents and purposes. However, unlike regular plastic, d2w security bags do not create persistent microplastics, and if they escape collection and end up in the open environment as litter, the d2w will accelerate the natural process of oxidation. Reducing the molecular weight of the polymer until it is no longer a plastic and can be bio-assimilated (i.e. used as a food source) by fungi and bacteria on land and in the ocean. This happens in the same way as nature's wastes and much, much faster than regular plastic, drastically reducing dwell-time in the environment. 
