Zotefoams’ AGM trading update gives investors a clearer answer to one of the main concerns around the shares. The business is still growing strongly, even as some footwear demand moderates, and the wider growth drivers are becoming more visible.
Revenue for the four months to the end of April rose 26% to £64.1 million. That is a strong start to 2026 and supports management’s confidence in full-year market expectations. Consensus stands at revenue of £190.8 million and adjusted pre-tax profit of £26.3 million, compared with £158.5 million of revenue and £21.2 million of adjusted pre-tax profit in 2025.
The important point is the source of the growth. The acquired Overseas Konstellation business contributed £9.8 million of revenue in Europe, the Middle East and Africa, helping offset the expected moderation in footwear. That shows the company has more than one route to growth.
North America was also a clear positive, with organic revenue up 30% following earlier capacity investment. Asia roughly doubled from a smaller base, while new investments in South Korea and Vietnam are expected to begin operations towards the end of the year.
The update also showed progress in Transport & Smart Technologies, including aviation, space and automotive applications.
Zotefoams plc (LON:ZTF) are the leading provider of high-performance, lightweight foams, delivering unmatched purity, quality and innovation to diverse markets worldwide.
