Itaconix plc

Correction to Full Year Results

02 Oct 2020

The following replaces the announcement released on 30 September 2020 at 07:00 with RNS Number 5030A ("the Announcement").

  • The operating loss before exceptional items for 2019 of $2.8m set out in the Financial Review section of the Announcement should be $2.9m.
  • In Note 3 to the Announcement of the full year results for the year ended 31 December 2019:
    • Revenue attributable to North America ($'000) should be $1,128 for the year ended 31 December 2019 and $650 for the year ended 31 December 2018.
    • Revenue attributable to Europe ($'000) should be $160 for the year ended 31 December 2019 and $222 for the year ended 31 December 2018.
    • Net assets of the Group attributable to North America ($'000) as at 31 December 2019 should be $1,198
    • Net assets of the Group attributable to Europe ($'000) as at 31 December 2019 should be ($2,195)

A number of non-material typographical changes have been made to the Announcement. The changes are identified with an asterisk (*) and the full amended text can be found here.

 

For further information please contact:

Itaconix plc  +1 603 775-4400 
John R. Shaw / Laura Denner
 
N+1 Singer
+44 (0) 207 496 3000 

Peter Steel / James Moat (Corporate Finance)

Tom Salvesen (Corporate Broking) 

 

About Itaconix

Itaconix develops and produces bio-based functional ingredient that improve the safety, performance or sustainability of consumer and industrial products, with technology and market leadership positions in non-phosphate detergents, odour control, and hair styling. 

www.itaconix.com