19th Apr 2021 12:52
SysGroup PLC - Liverpool-based IT services and cloud hosting - Says revenue for year ended March 31 down 7% from GBP19.5 million in year prior. That would imply GBP18.1 million in revenue. SysGroup says customers deferred decisions on spending due to virus. Adjusted earnings before interest, tax, depreciation, and amortization to rise 3% amid "tight management cost control". Adjusted Ebitda was GBP2.8 in financial 2020, suggesting a financial 2021 figure of GBP2.9 million. Had GBP3.5 million in cash on March 31, up from GBP3.0 million a year before.
Current stock price: 42.14 pence
Year-to-date change: up 9.5%
By Eric Cunha; [email protected]
Copyright 2021 Alliance News Limited. All Rights Reserved.
Related Shares:
Sysgroup