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 ....
23 Sep 2021
Interim results
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Interim results
Petards Group plc (PEG:LON) | 7.8 0 0.0% | Mkt Cap: 4.38m
- Published:
23 Sep 2021 -
Author:
Derren Nathan -
Pages:
7
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 ....