(NewsDirect)
Iofina PLC (AIM:IOF, OTC:IOFNF) CEO Dr TomBecker speaks to Thomas Warner from Proactive after the iodineproducer published interim results for the six months to 30 June 2023.He gives an overview of the results, reporting record revenues of£24.3 million and EBITDA of just under £6 million.
Becker describes it as "another greatfirst half of the year" and attributes the success to strategicexecution, including production growth in legacy plants and thedevelopment of new compounds.
Thesuccessful launch of IO-9, with water flowing through the plant,marked a significant milestone. Plans for IO-10 and beyond areunderway, with expectations to double iodine production in the nexttwo to four years.
Becker emphasisesa commitment to continued growth, not only through new plant additionsbut also by exploring value-added products and resource isolationmethods. He also notes that the company has made strategic hires insales, marketing, and geology to expand marketreach.
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