Interim results for the six months ended 30 September 2022 show that Shearwater has delivered a robust trading and operational performance. The Services division saw an increase in revenue, while Software division revenue was once again impacted by the impending new product launches and revisions. Current trading is strong, with newly released software products generating encouraging interest. The financial performance was, however, affected by a significant unrealised forex charge and working c ....
02 Dec 2022
PROGRESSIVE: Shearwater: Robust trading despite macro headwinds
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PROGRESSIVE: Shearwater: Robust trading despite macro headwinds
Shearwater Group plc (SWG:LON) | 47.5 0 0.0% | Mkt Cap: 11.3m
- Published:
02 Dec 2022 -
Author:
Ian Robertson -
Pages:
7
Interim results for the six months ended 30 September 2022 show that Shearwater has delivered a robust trading and operational performance. The Services division saw an increase in revenue, while Software division revenue was once again impacted by the impending new product launches and revisions. Current trading is strong, with newly released software products generating encouraging interest. The financial performance was, however, affected by a significant unrealised forex charge and working c ....