Directa Plus has reported that it more than doubled annual revenues, as its various commercial partnerships started to generate orders. Total income in 2018 reportedly rose to â¬2.5 Million (compared to last year's â¬1.23 Million) with sales of â¬2.25 Million (compared to last year's â¬1 Million) if grants are excluded.
Directa has projects ongoing to incorporate graphene into textiles, pollution treatments and road surfaces.
Giulio Cesareo, chief executive, said: There is every reason to look forward with great excitement to the coming year's activity at Directa Plus as we move forward on a number of extremely promising fronts."
Losses for the year were little changed at â¬3.96 Million, while the AIM-listed group closed 2018 with cash of â¬5.5 Million.
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Posted: Apr 17,2019 by Roni Peleg