PDX half-year revenues quadruple

PDX, a fluid technology firm, gave its investors a much needed cheer with the announcement of its half-year results, which saw revenue more than quadruple and losses remain stable following the execution of a cost reduction programme.

PDX, a fluid technology firm, gave its investors a much needed cheer with the announcement of its half-year results, which saw revenue more than quadruple and losses remain stable following the execution of a cost reduction programme.

Earlier this week, the company saw its share price dive 77% after Procter and Gamble (P&G) ended an agreement to use the former's technology, prompting the company to warn that revenue and profit for the full year will be materially below earlier expectations.

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