Directa Plus says 2022 revenues to increase by over 40% as demand for its products grow

Directa Plus announced that it is seeing a strong increase in sales and perfomrnace, and the company expects its full-year revenues to increase by more than 40% compared to last year (for which revenues reached 8.6 million Euro).

Dutch Cyclist wins Olympic silver medal in shirt printed by Directa Plus image

The company says that inflation increased its costs and reduced its margins, but the company invested in new manufacturing equipment which should deliver productivity gains and margin efficiencies in the second half of the year.

Towards the end of 2021, Directa Plus raised over $9 million in a public offering.

Posted: Sep 03,2022 by Ron Mertens