Symphony Environmental Technologies (LSE:SYM) issued a pre-close trading update saying group revenue for FY-2025 is expected to be approximately £5.7m, higher than previously guided, while adjusted loss before interest, tax, depreciation and amortisation ("adjusted LBITDA") is expected to be broadly comparable to the prior year at approximately £0.9m.
The revenue upgrade is attributed to management‑driven strategic change in its Middle East operations, and the group, a global specialist in technologies that make plastic and rubber products "smarter, safer and sustainable", says margins are improving from operational leverage and initiatives taken during FY-2025, the board said.
In addition to the adjusted LBITDA figure the group incurred strategic costs of £500,000, will take an impairment provision of £468,000 against antimicrobial development costs and other investment provisions of £107,000, and therefore expects a net loss including provisions and strategic costs for FY-2025 of £2.5m (FY-2024: £1.3m).
The board expects to announce preliminary results for FY-2025 during the latter half of May.
Trading in the first four months of 2026 has improved materially, with the Group delivering a positive EBITDA in Q1 versus a prior‑year loss and, based on current order patterns and confirmed orders across all principal markets particularly Central America, expects to deliver a net profit for H1-2026 although shipment timing remains subject to customer scheduling.
The group continues to monitor the evolving geopolitical situation in the Middle East, which to date has not had a material adverse effect on operations, and the Board says it remains focused on margin quality, disciplined cost control and commercialisation of higher‑value technologies rather than short‑term volume growth.
