Chariman's Statement
"I am pleased to present Haydale Graphene Industries Plc's full year audited results to 30 June 2019 (FY19).
The year under review has been a challenging one for Haydale. At management level, we have recruited a new Executive team lead by Keith Broadbent, who was promoted from COO to CEO in March 2019, and Laura Redman-Thomas, who joined as our CFO in December 2018. At an operational level, we have streamlined the business and rationalised our cost base, created a rigorous product and commodity analysis with subsequent clear focus, both inwardly and outwardly, introducing best manufacturing procedures and processes, created a Group sales force and refinanced the business with the fundraising announced in March 2019."
Strategic Report
Haydale Graphene Industries Plc (“Haydale” or the “Group”) is the AIM listed group that uses tailored advanced materials, including graphene, boron nitride and silicon carbide micro-fibre (SiC) to enable its customers to improve the quality and performance of their products and thereby creating additional value and market edge. The Group’s vision is to be in the vanguard of nano advanced materials and dispersion to become a world leader in the creation of material change through understanding the potential of those materials through careful characterisation, and the incorporation of its bespoke and unique patented functionalisation process, as appropriate.
David Banks
Chair
Financial Performance
£3.47m
REVENUE
(2018: £3.4m)
£4.6m
CASH
(2018: £5m)
£1.9m
PROFIT BEFORE TAX
(2018: £2m)
