30th Sep 2020 14:50
Immedia Group PLC - Newbury, Berkshire-based audiovisual and digital communications solutions provider - Pretax loss for six months to June 30, narrows to GBP360,867 from GBP457,181 loss a year ago. Revenue falls year-on-year to GBP1.3 million from GBP1.7 million. Adjusted earnings before interest, tax, depreciation and amortisation GBP219,403 versus GBP315,490. Difficulties caused by Covid-19 overshadowed the good things in first-quarter. Predicts lower revenue for 2020, but Ebitda will improve year-on-year.
Current stock price: 25.50 pence
Year-to-date change: down 3.9%
By Tapan Panchal; [email protected]
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