24th Sep 2020 12:03
Eleco PLC - London-based construction software developer - Revenue for six months to June 30 down 4% to GBP12.2 million from GBP12.7 million. Pretax profit up 23% to GBP1.9 million from GBP1.6 million. Rise in profit after crediting GBP133,000 from Covid-19 support schemes by UK, Sweden and Germany. Decides against interim dividend payout due to Covid-19 uncertainties. Net cash of GBP4.4 million at period end.
Current stock price: 79.84 pence
Year-to-date change: up 1.7%
By Tapan Panchal; [email protected]
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