IN BRIEF: Accsys Technologies pretax loss narrows; outlook optimistic
Accsys Technologies PLC - London-based wood building products manufacturer - Pretax loss narrows to EUR17.1 million in the financial year ended March 31, from EUR67.1 million a year prior. Revenue declines 16% to EUR136.2 million from EUR162.0 million. Cost of sales decrease 11% to EUR95.3 million from EUR106.9 million, while "other" operating costs narrows sharply to EUR50.1 million from EUR127.3 million. This is amid exceptional items costs reducing to EUR8.2 million from EUR87.5 million. Read More