- Symphony Environmental Technologies has reported a strong start to 2013 with revenues for the first four months of this year having already exceeded revenues reported for the first half of 2012, which were £2.12 million.

Nirj Deva, the chairman, told the company's AGM: "Symphony has successfully developed from a UK commodity type finished product reseller of items such as carrier and refuse sacks, to a niche innovative global technology supply and service company.

"We are a high margin and operationally geared business, where the structure is in place to deliver strong profits as revenues increase. This global expansion is supported by a growing number of self-supporting distributors which promote our technologies in more than 96 countries.

"Each one of these distributors is contracted to deliver improving sales results, and to drive and expand the core brands in their specific territories. Most of our revenues and opportunities are derived from overseas markets, and we are therefore less affected by the current volatility within European markets."

At 10:41am: [LON:SYM] Symphony Plastic Technologies share price was +0.5p at 4.5p

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