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Published on: August 30, 2022

Trading update shows continued momentum

HeiQ has announced a reassuring trading update for the six months to 30 June ahead of its interim results announcement on 13 September. Turnover growth of more than 17% year on year for the period has been accompanied by a strong gross margin recovery compared with H2 FY21. There have been positive developments for three of its potential blockbuster technologies – HeiQ AeoniQ, HeiQ GrapheneX and HeiQ Synbio. HeiQ remains optimistic of trading in line with market guidance for FY22, assuming no unforeseen global economic events or further raw material price spikes.

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