Symphony Environment warns on revenues and profit

Shares in Symphony Environment lost a quarter of their value on Wednesday after the plastics technologies supplier admitted revenues for the financial year will be 'substantially lower' than both the previous year and market expectations.

Shares in Symphony Environment lost a quarter of their value on Wednesday after the plastics technologies supplier admitted revenues for the financial year will be 'substantially lower' than both the previous year and market expectations.

The main reason for the decline is a decrease of around 30% in d2w additive sales after a number of new large potential territories from which d2w sales were expected were delayed. In the last financial year turnover totalled £8.5m.

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