Published: September 30, 2025 at 8:29 am
A listed Sheffield firm creating technologies that reduce the impact of clothing on the planet says it has agreements in place across the globe.
Xeros Technology Group plc said its half-year results show the first sales from its denim processing partner Yilmak following an agreement with prominent Pakistan-based manufacturer Ambition Apparel, which produces over nine million pairs of jeans a year.
There are also new agreements across Europe and China, the latter for its microfibre filter.
Revenue was £65,000, down from £79,000 in the prior year, as ‘delays pushed some income into the second half’. Adjusted EBITDA loss fell to £1.6m (H1 24: £2.4m), reflecting lower ongoing costs.