Itaconix PLC (AIM:ITX, OTCQB:ITXXF, FRA:18G0) CEO John Shaw joined Steve Darling from Proactive to discuss the company's record first-half 2026 financial results, driven by strong demand across its sustainable ingredient portfolio and continued growth in key detergent markets. The company reported unaudited revenue of $8.3 million for the six months ended June 30, 2026, representing a 72% increase over the first half of 2025 and a 46% improvement compared with the second half of 2025. Gross profit margin is expected to remain steady at 36%, reflecting effective management of raw material costs and supply chains. Growth was led by the Performance Ingredients business, which supplies the dish detergent market in Europe, the Middle East, Africa (EMEA), and North America. The segment benefited from strong repeat orders, the addition of a new unit-dose dish detergent customer in EMEA, and a new unit-dose laundry detergent customer in North America. The company's SPARX™ Formulated Solutions business also expanded as demand increased for its formulations used in solid unit-dose dishwashing and laundry detergents. In addition, Itaconix continues to develop longer-term growth opportunities through its BIO*Asterix® specialty monomers and binders for paints and its BioVail™ plant nutrition ingredient for agricultural applications. Shaw said the company is pleased with its progress and now expects full-year 2026 revenue of at least $14.8 million, exceeding current analyst expectations of $13.3 million. The board also continues to forecast a small positive EBITDA for the year while maintaining investments in product development and expanding its workforce to support future growth. Itaconix plans to release its full interim results in September, providing additional details on its strong first-half performance. Read Proactive's Editorial Policy here: https://www.proactiveinvestors.co.uk/pages/editorialPolicy #proactiveinvestors #itaconixplc #aim #itx #otcqb #itxxf #SpecialtyChemicals #SustainableChemistry #CleaningProducts #Detergents #GreenChemistry #IndustrialInnovation #FinancialResults #Manufacturing #BusinessGrowth

Itaconix PLC (AIM:ITX, OTCQB:ITXXF, FRA:18G0) shares soared in Friday morning's trade, rising 18% to 138.65p, after the company lifted its 2026 revenue outlook after first-half sales jumped 72% to a record $8.3 million, driven by growth across its main product segments. The plant-based...

Itaconix PLC (AIM:ITX, OTCQB:ITXXF, FRA:18G0) has secured the first customer supply agreement for its compact plastic-free dish detergent tablet, marking the product’s move towards commercial sales in North America. The AIM-listed speciality polymers group will supply the 8-gram tablets to an...

Galliford Try (LSE:GFRD) has secured a place on the £1.5 billion YORbuild Major Works 2 framework, covering public sector projects across Yorkshire, the North East and the Midlands. The appointment runs for four years across two project size categories. Itaconix (AIM:ITX) has extended its collaboration with Bonals Technologies until December 2028 to push plastic-free detergent tablets into the US and Canadian markets. The company says its 8-gram dish detergent tablet is already generating strong interest from purpose-driven brands. Quantum Blockchain Technologies (AIM:QBT) has produced the first versions of its Method C AI Oracle using data from an ASIC manufacturer's Bitcoin mining rig. Live testing is now the next step once performance hits the required level. EMV Capital (AIM:EMVC) has taken part in a £14 million funding round for portfolio company Dogtooth Technologies, which makes AI-powered fruit-picking robots. The cash will accelerate commercial deployments across the UK and international markets. Quadrise (AIM:QED) has raised £1.2 million in a placing and opened a retail offer for up to the same amount again. Proceeds will fund marine trials with MSC and Cargill and projects in Morocco and the Americas. Ilika (AIM:IKA) says its retail offer was oversubscribed, raising around £500,000 as part of a wider £5 million raise. The money will support the commercial launch of its Stereax solid-state battery technology. Follow us and subscribe on YouTube, our social channels, and on proactiveinvestors.co.uk.

Itaconix PLC (AIM:ITX, OTCQB:ITXXF, FRA:18G0), the maker of plant-based specialty polymers used in homecare products, has extended its collaboration with Bonals Technologies until December 2028. The two companies are working to speed the introduction of plastic-free unit-dose detergent...

The United Kingdom's FTSE 100 index recently faced declines, influenced by weak trade data from China, highlighting ongoing global economic challenges. Amid such market fluctuations, investors may find opportunities in less conventional areas like penny stocks. While the term "penny stock" might seem outdated, these smaller or newer companies can offer surprising value when built on solid financials.

Itaconix PLC (AIM:ITX, OTCQB:ITXXF, FRA:18G0), the plant-based specialty polymer company, says trading in the current financial year remains in line with board expectations and that management anticipates the first half of financial year 2026 will be another record period, following what it...

Share in Itaconix PLC (AIM:ITX, OTCQB:ITXXF, FRA:18G0) rose 5% to 110p after it said it will be running field trials on American corn farms this growing season to assess whether its polymer technology can improve nutrient uptake in crops. The plant-based polymer specialist is working with a...

Itaconix PLC (AIM:ITX, OTCQB:ITXXF, FRA:18G0) told investors it has filed patent and trademark applications around a new class of plant-based paints using its BIO*Asterix ingredients. The AIM-listed speciality polymers group said the patent application covers paint formulations incorporating...

Chesnara (LSE:CSN) CEO Steve Murray says two major acquisitions have transformed the group's scale, with around £1 billion in expected lifetime cash flows. He's relaxed about market volatility and says the balance sheet could support another deal similar in size to Scottish Widows Europe. Itaconix (AIM:ITX, OTCQB:ITXXF, FRA:18G0) CEO John Shaw says revenues hit $10.5 million last year, up 61%, and he's targeting $25 to $30 million within five years. The plant-based ingredient company is winning business across detergent brands in both Europe and North America. IXICO (LSE:IXI, OTC:PHYOF, FRA:PYPB) CEO Bram Goorden says its new Medidata partnership opens the door to thousands of global clinical trials. The collaboration strengthens IXICO’s ability to scale, giving the company access to larger and more complex clinical trials. MP Evans (AIM:MPE) had a record 2025 — gross profit hit $142 million on the back of strong palm oil prices and bigger harvests. The company is debt-free, still buying land, and says 2026 has started well. Quadrise (AIM:QED) CEO Peter Borup says the company is down to two outstanding items before its large-scale trial with MSC and Cargill can move forward. While the green transition remains important, cost competitiveness is critical in the current environment. Follow us and subscribe on YouTube, our social channels, and on proactiveinvestors.co.uk.