Synthomer (GB:SYNT) has released an update.
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Synthomer PLC reported modest financial growth in their interim results for H1 2024, with a slight revenue increase of 3.5% in constant currency terms and a 7.6% rise in EBITDA, indicating operational progress and self-help actions. Despite challenging market conditions and limited evidence of a broad-based recovery, the company is on track for positive Free Cash Flow for the year and is strategically focusing on higher margin speciality solutions to enhance future resilience and profitability.
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