DJ ROCTOOL: ROCTOOL: HALF YEAR RESULTS 2023 ROCTOOL ROCTOOL: ROCTOOL: HALF YEAR RESULTS 2023 12-Oct-2023 / 18:06 CET/CEST Dissemination of a French Regulatory News, transmitted by EQS Group. The
ROCTOOL 12-Oct-2023 / 18:06 CET/CEST Dissemination of a French Regulatory News, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
In line with expectations, sales grew across all sectors , and R&D made significant progress in future growth segments such as solar energy, hydrogen and low-carbon packaging. The company's commitment to eco-responsible packaging is taking shape with new projects in the beauty sector, and the development of ground-breaking innovations.
Operating expenses were up +8% to 3.5EURm, compared with 3.2EURm in H1 2022. This included an increase in personnel costs of +7% vs. 2022, representing -40% of sales , and an increase in other operating costs of +10%, representing -27% of sales . Strong business growth in the first half of the year necessitated some technical reinforcements, but the cost of key raw materials and components for Roctool technology was carefully managed, despite inflation.
Roctool, specializes in rapid heat and cool technologies for plastic injection and composite molding. The processes developed by Roctool are in production in the following industries: automotive, electronics, consumer products, renewable energy, beauty packaging and medical. Roctool is an induction molding technology, working with plastic and composite including recycled materials.
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