Business
Half-year Report
Unigel Group plc (AQSE: UNX) released its unaudited half-year results for the period ended 30 June 2025, showing revenue of £18.89 million, a 27.7% increase compared to £14.80 million in the same period of 2024. Gross profit increased to £3.70 million (19.6% margin) from £3.01 million (20.3% margin) in H1 2024, while profit after tax rose by 65.3% to £1.53 million. The company's net assets stood at £6.03 million as of 30 June 2025, up from £4.40 million on 30 June 2024. Dividends of 1.5p and 2.0p per share were distributed in November 2024 and April 2025 respectively. Operational highlights included successful ramp-up of a Malaysian partner plant, continued cost improvements in US operations, market share gains in the steel tape business, and profit margin enhancement. Despite continued global uncertainties, the company outperformed expectations in H1 2025, primarily due to strong performance in the steel tape segment. The outlook for the remainder of 2025 remains cautiously optimistic. Disclaimer*
About this update from Unigel Group Plc
[{"type":"text","content":"\n\n \n \n\n \nUnigel Group plc\n(the \"Group\" or the \"Company\")\nInterim Results\n \nUnigel Group plc (AQSE: UNX), the manufacturer and supplier of materials used in the manufacture of telecommunication fibre optic cables announces its unaudited half-year results for the period ended 30 June 2025. Comparative data is for the period ended 30 June 2024 and the year ended 31 December 2024.\n \nOperational highlights\n \nThe Group continues to make good progress in various business areas:\n \n· Successful transition and ramp up of Unigel UK's partner plant in Malaysia\n· Continued cost and operational improvements in Unitape's operations in the US\n· Market share gains in our steel tape business with additional mandates from established market base\n· Profit margin enhancement through higher margins product mix, cost controls and productivity gains in our supply chain\n \n \nFinancial highlights\n \nKey figures for the six months to 30 June 2025 with comparatives for the six months to 30 June 2024 and the year to 31 December 2024 were as follows:\n \n 6 months 6 months Year\n 30.06.25 30.06.24 31.12.24\n\nRev...