Directa Plus Reports FY25 Revenue Growth and Operational Improvements Amid Strategic Restructuring
Directa Plus anticipates FY25 revenues of €7.0m, up from €6.66m in FY24, with adjusted LBITDA around €2.5m, a 30% improvement year-on-year. The company enhanced its technology and production capabilities for graphene materials, addressing high-growth sectors including PFAS and defense.
Setcar, a subsidiary, achieved €0.7m in annualized cost savings through restructuring and won a €1.5m Total Waste Management contract with Ford. Additionally, Setcar is exploring the sale of non-strategic land valued at €0.5m.
Directa Plus is focused on monetizing its intellectual property through partnerships and joint ventures, requiring funding for FY26 growth. Richard Hickinbotham will step down as Non-Executive Chairman on January 31, 2026, with Giulio Cesareo taking over as Interim Chairman. The CEO succession process is ongoing.
