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IN BRIEF: Rotala Interim Revenue Up But Cost Rise Means Swing To Loss

15th Sep 2020 15:06

Rotala PLC - West Midlands-based bus operator - Revenue in six months to May 31 up 16% annually to GBP35.5 million from GBP30.5 million. Swings to pretax loss of GBP4.9 million from GBP1.5 million profit. Administrative expenses more than double to GBP8.8 million from GBP3.5 million. Notes passenger volumes increasing as Covid-19 restrictions ease.

Current stock price: 20.00 pence; up 8.1% on Tuesday

Year-to-date change: down 63%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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