Haydale Graphene Industries Sees FY 2022 Revenue Above Market Expectations

By Kyle Morris

Haydale Graphene Industries PLC said Tuesday it expects to report fiscal 2022 revenue above market expectations thanks to the strong launch of Hi-Therm and a positive settlement reached regarding a contractual dispute with a US group.

The UK advanced materials group said the launch of Hi-Therm has resulted in sales of functionalized conductive boron nitride fluids expected to significantly exceed contractual volumes.

Haydale said investments in the company will partially offset the increase in revenue with earnings before interest, taxes, depreciation and amortization.

The momentum from fiscal 2022, which ends June 30, is expected to continue into fiscal 2023, it said.

Write to Kyle Morris at [email protected]

Leave a Comment