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Pricey Zotefoams can’t afford any setbacks

Another strong showing, but some teething problems across the Atlantic
Pricey Zotefoams can’t afford any setbacks

Zotefoams’ (ZTF) impressive growth story encountered a slight blip in the first half of 2018. The manufacturer of foam products used in automotive, aviation and other technical applications delivered its customary record revenues, but also registered a slightly lower return on those sales, due to a few teething problems executing its ambitious capacity expansion plans.

IC TIP: Hold at 520p

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