Social Media Twitter Facebook Linked In RSS Feed Podcasts

JYVÄSKYLÄ ­ – Scandinavian textile fibre innovator Spinnova has launched a cost-cutting review and shaken up its management team on the back of disappointing financial results for 2023 which saw revenues plummet and losses soar.

Spinnova's results, released today, show that revenue fell to €10.6 million last year, compared to €24.3 million in 2022, while operating losses increased from €13.1 million to €20.1 million and investment in the Finnish company dropped to €9 million from €17 million.

Why Subscribe ?

Back Issue Archive
Other Publications from MCL News & Media

Interested in advertising?

Simply give us a call

Sales: +44 1977 708488

Or if you prefer email, click on the button below and we'll get back to you asap