H1’19 results confirm the positive top-line momentum highlighted in the recent trading update. A fourth consecutive period of top-line growth saw revenues reach $24.1m (+8% y/y), with the seasonally weaker H1 profitable for the first time since 2014. A diversified supply chain has enabled partial tariff-free access to the key US market, supporting 15% top-line growth in North America. Net cash rose $0.8m to $2.8m supported by the return to profitability, with liquidity further improved
14 Aug 2019
Interim results confirm H1 profitability
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Interim results confirm H1 profitability
H1’19 results confirm the positive top-line momentum highlighted in the recent trading update. A fourth consecutive period of top-line growth saw revenues reach $24.1m (+8% y/y), with the seasonally weaker H1 profitable for the first time since 2014. A diversified supply chain has enabled partial tariff-free access to the key US market, supporting 15% top-line growth in North America. Net cash rose $0.8m to $2.8m supported by the return to profitability, with liquidity further improved