Itaconix (GB:ITX) has released an update.
Itaconix, a leader in sustainable plant-based polymers, has reported positive progress with the launch of new products, expansion in global regulatory approvals, and a growing gross profit margin exceeding 35%. The company anticipates further revenue growth through new and existing accounts, especially in the second half of 2024. Their strong financial position supports ongoing commercial expansion and the pursuit of high-margin revenue opportunities.
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