Record half-year turnover 2022/23 of €89.9m, representing +59% growth in revenues

Highlights:

• Organic growth of 50% including post-Covid effect
• Continuing success of recent acquisitions and in Company’s Strategic Initiatives

New revised objective for annual growth: +30% in 2022/23:

• Initial objective of double digit growth previously revised in October to +20%
• Annual revenues in excess of €170m now targeted in 2022/23, as compared with €130.8m realised in 2021/22

New orders for polycarbonate e-ID products to generate new sales of tens of millions of euros over the next two years:

• Major orders received for slim polycarbonate datapages for passports and for polycarbonate electronic identity cards