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IN BRIEF: Ocean Outdoor Loss Widens But Seeing Third Quarter Bounce

16th Sep 2020 14:20

Ocean Outdoor Ltd - London-based digital advertising firm - Revenue in six months to June 30 down 2.5% to GBP36.5 million from GBP37.4 million a year earlier. Pretax loss widens to GBP29.5 million from GBP4.0 million. Says week-on-week trading has improved since May and third quarter "tracking significantly better" than second quarter.

Current stock price: USD6.20

Year-to-date change: down 14%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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OOUT.L
FTSE 100 Latest
Value8,809.74
Change53.53