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IN BRIEF: Ince Overseas Offices Trading Improves, But Uncertainty High

29th Sep 2020 19:40

Ince Group PLC - Legal and professional services - From April 1 to August 31, revenue was ahead of the same period the year before, due to stronger performances from all overseas offices, more than offsetting limited activity in the UK due to Covid-19. Cash holdings at August 31 was GBP4.9 million from GBP5.3 million at the end of March. Expects cash position to improve from fourth quarter of financial year onwards, however has increased uncertainty over more protracted period, and does not intend to resume dividend payouts at the time of the interim report.

Current stock price: 21.80 pence

Year-to-date change: down 81%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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INCE.L
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