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Spinnova revenue down by 96%, results reveal

Scandinavian textile fibre innovator Spinnova's revenue has fallen by 95.9% over the first six months of this year, new figures reveal.

Spinnova's half year report reveals that revenue was €362,000 ($403,000) compared to €8.8 million ($9.8m) for the corresponding period of 2023. However, losses were also down, despite the drop in revenue.

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