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IN BRIEF: SEC Newgate's Interims Get Boost From Porta Acquisition

10th Aug 2020 11:02

SEC Newgate Spa - Milan-based communications, advocacy and research firm - Expects pretax profit in six months to June 30 to top EUR1.5 million, on revenue which will more than double to EUR31.5 million from EUR13.7 million. Achieves EUR3.4 million in cost savings in year-to-date. Notes interim period reflects contribution of former London listing Porta Communications, acquired in second half of 2019.

Current stock price: 38.75 pence

Year-to-date change: down 11%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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