Reporting on the first two months of FY21 (to Mar-20), Checkit has seen good progress, with LFL growth accelerating to c.15%. – up from +3% achieved in FYJan20 (or +8%, ex. EET; non-core). Profitability has progressed also – with the margin improvement project delivering price rises of 10-50% in the areas that have received attention. Meanwhile, cash remains strong at £13.1m – only marginally down from £14.3m at y/e and notwithstanding a higher debtors balance at present. Despite this very posit ....
14 Apr 2020
CV-19 and post year-end update
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CV-19 and post year-end update
Checkit plc (CKT:LON) | 21.0 0 0.0% | Mkt Cap: 22.7m
- Published:
14 Apr 2020 -
Author:
Harold Evans -
Pages:
3
Reporting on the first two months of FY21 (to Mar-20), Checkit has seen good progress, with LFL growth accelerating to c.15%. – up from +3% achieved in FYJan20 (or +8%, ex. EET; non-core). Profitability has progressed also – with the margin improvement project delivering price rises of 10-50% in the areas that have received attention. Meanwhile, cash remains strong at £13.1m – only marginally down from £14.3m at y/e and notwithstanding a higher debtors balance at present. Despite this very posit ....