Zotefoams (LSE:ZTF) shares traded up 6.4%, to 423.5p, on Wednesday after revenue for the four months to 30 April rose 26% year‑on‑year to £64.1m.
In EMEA revenue rose 24% to £50.1m, reflecting a £9.8m contribution from Overseas Konstellation Company (OKC) while the underlying EMEA business was broadly stable against a strong comparator of £40.4m as Footwear moderated and Transport & Smart Technologies continued to grow.
North America delivered revenue of £12.1m, up 30% organically supported by expanded capacity from a second low‑pressure vessel, and Asia reported £1.9m, roughly double the prior period, with operations in Vietnam and South Korea expected to commence towards the end of the year.
Margins in the period were in line with expectations and cash generation was robust, reflecting working‑capital efficiency.
The Group said integration of OKC is in line with plan, growth projects in Vietnam and the Footwear Innovation Centre in South Korea are progressing as expected, AI initiatives are advancing and a Global Approved Partners programme has launched.
"We remain confident in delivering our full‑year objectives, supported by a strong balance sheet and continued demand across our key target markets," said Ronan Cox, Group CEO.
The update was released ahead of the Group's AGM today and the Board noted current market expectations for the year ending 31 December are revenue of £190.8m and adjusted profit before tax of £26.3m.
