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Published on Oct 4, 2016
Anthony
Kongats, chief executive of super-capacitor specialist Cap-XX Limited (LON:CPX), spoke to Proactive about the company's full year results and
plans for future partnerships.
''It's been a good year, it's always nice to be a little ahead of market expectations. We've beaten revenue by 12%, our margin has improved significantly going from 31% to 52% and we've delivered on a major deal with AVX which is for licensing our technology and comes with guaranteed upfront fees plus also quarterly payments and then a royalty on sales'', Kongats said.
He added Murata is now showing very strong growth and for the second year in a row has more than doubled its royalties and its own sales to us.''
Anthony Kongats also mentioned they've seen very strong progress on the automotive side with a lot of interest and developing new products. He said they're now in discussions with a number of parties about how they're going to enter the automotive market.
http://www.4-traders.com/CAP-XX-LIMITED-4006030/
www.cap-xx.com/
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