The developer of advanced security and surveillance systems report its
interim results for the six months ended 30 June 2021. A strong sales
performance (£7.7m) combined with the benefits of 2020’s cost cutting
measures has resulted in a £0.9m swing into net profit resulting in a post-tax
profit of £430k off an adjusted EBITDA of £929k, nearly treble that generated
in H1 2020. The Group again recorded a strongly cash generative
performance with net cash from operating activities in the period to ....
23 Sep 2021
Hybridan Research: 23/09/2021: Petards Group PLC: H1 sees 8.5% sales growth and return to profitability at all levels
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Hybridan Research: 23/09/2021: Petards Group PLC: H1 sees 8.5% sales growth and return to profitability at all levels
The developer of advanced security and surveillance systems report its
interim results for the six months ended 30 June 2021. A strong sales
performance (£7.7m) combined with the benefits of 2020’s cost cutting
measures has resulted in a £0.9m swing into net profit resulting in a post-tax
profit of £430k off an adjusted EBITDA of £929k, nearly treble that generated
in H1 2020. The Group again recorded a strongly cash generative
performance with net cash from operating activities in the period to ....