10 Nov 2020
Interims to Sept. 2020, growth in EBITDA
Covering a six-month period fully impacted by COVID-19, Tavistock’s interims to the end of September 2020 showed remarkable resilience. Adjusted EBITDA grew 25% to £1.26m and in a positive announcement the Board has noted the likely return of the dividend. The Company has adapted well to the impact of COVID-19 with a relatively seamless move to working remotely, so much so that a cost cutting initiative will see the number of offices permanently reduced from eleven to six. The Group wide reorgan ....
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Interims to Sept. 2020, growth in EBITDA
Tavistock Investments PLC (TAVI:LON) | 4.8 0 0.0% | Mkt Cap: 26.6m
- Published:
10 Nov 2020 -
Author:
Matt Butlin -
Pages:
5
Covering a six-month period fully impacted by COVID-19, Tavistock’s interims to the end of September 2020 showed remarkable resilience. Adjusted EBITDA grew 25% to £1.26m and in a positive announcement the Board has noted the likely return of the dividend. The Company has adapted well to the impact of COVID-19 with a relatively seamless move to working remotely, so much so that a cost cutting initiative will see the number of offices permanently reduced from eleven to six. The Group wide reorgan ....