Polygiene’s Loss Widens in Q2
The red ink deepened at the Swedish maker of antimicrobial fabric treatments in the second quarter to SEK 3,125,000 ($0.3 mm) against a loss of SEK 1,374,000 on 12% lower revenues of SEK 31,945,000 ($3.3 mm) from SEK 36,385,000. The loss was primarily attributed ForEx headwinds and market uncertainty from U.S. tariffs and trade policy. Several of Polygiene’s customers paused ongoing projects while renegotiating pricing ... Log in to view full article.