17th Aug 2021 15:51
Van Elle Holdings PLC - Nottinghamshire, England-based geotechnical engineering contractor - For the year ended April 30, posts narrowed pretax loss of GBP1.4 million from GBP2.2 million the year before on lower administrative costs and credit loss impairment charge.
Meanwhile, revenue remained flat at GBP84.4 million in spite of the pandemic and Brexit uncertainty, while revenue run-rate at the end of the financial year returns to pre-pandemic levels.
Declares no dividend for the year, but expects to reinstate the payout in the current financial year.
Looking ahead, reports strong trading in first quarter, but noting supply chain issues with cement, concrete and steel, expects delivering a profitable result in line with market expectations.
Current stock price: 45.00 pence
Year-to-date change: up 8.4%
By Dayo Laniyan; [email protected]
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