The software developer of advanced security and surveillance systems today
announced FY Dec 2020 results with revenues of £13m in line with
expectations. Previous guidance suggested a slightly improved result
compared with the prior year at the adjusted EBITDA level, and we were
encouraged by the £0.6m swing to adjusted EBITDA profitability of £0.32m.
An accelerated restructuring has resulted in a significant restructuring of the
on-going cost base. Cash generation benefitted strongly from ....
28 May 2021
Revenues in line, solid progress on margins
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Revenues in line, solid progress on margins
Petards Group plc (PEG:LON) | 7.8 0 0.0% | Mkt Cap: 4.38m
- Published:
28 May 2021 -
Author:
Derren Nathan -
Pages:
8
The software developer of advanced security and surveillance systems today
announced FY Dec 2020 results with revenues of £13m in line with
expectations. Previous guidance suggested a slightly improved result
compared with the prior year at the adjusted EBITDA level, and we were
encouraged by the £0.6m swing to adjusted EBITDA profitability of £0.32m.
An accelerated restructuring has resulted in a significant restructuring of the
on-going cost base. Cash generation benefitted strongly from ....