The interim results reveal improved financial stability which provides a good base for an emerging turnaround. Profitability was ahead as restructuring in 2014 assisted operating margins. The outlook has been underpinned by recent contract wins such as a five-year commercialisation deal with Network Rail, contract renewals, and progress made rolling out Mobile Promotions Kiosks in UK and Germany. That is supplemented by the potential to break into the French market, subject to the success of an MPK pilot at three Auchan shopping centres. This all provides an increasingly resilient base for growth, apparent within the detail of the H1 2015 figures.
21 Sep 2015
Reset for growth
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SpaceandPeople plc (SAL:LON) | 80.0 0 0.0% | Mkt Cap: 1.56m
- Published:
21 Sep 2015 -
Author:
Roger Leboff -
Pages:
9
The interim results reveal improved financial stability which provides a good base for an emerging turnaround. Profitability was ahead as restructuring in 2014 assisted operating margins. The outlook has been underpinned by recent contract wins such as a five-year commercialisation deal with Network Rail, contract renewals, and progress made rolling out Mobile Promotions Kiosks in UK and Germany. That is supplemented by the potential to break into the French market, subject to the success of an MPK pilot at three Auchan shopping centres. This all provides an increasingly resilient base for growth, apparent within the detail of the H1 2015 figures.