Advanced materials engineering specialist Versarien reported progress with its strategic goals on Monday, having cut its costs as announced on 4 July with its narrowed EBITDA loss.
Versarien PLC has “significantly” reduced its cost base and brought underlying losses to a much lower run rate compared to the first half of the year,.
Versarien PLC on Monday said it is making progress in line with its strategy as it cuts its cost base.
The Cheltenham, England-based engineering materials company said it has reduced its cost base.