This morning's H1 announcement reflects a 6-month period during which VDTK faced a number of challenges, notably (1) economic uncertainty, (2) postponement of projects in the pipeline due to Covid restrictions, and (3) theft of stock from the Lainate plant leading to a £300k write off. Including the stock charge, the company has reported a post-tax loss of £1.2m, similar to or better than, on an underlying basis, the £0.9m loss recorded in H1-20A. All of this said, however, the period also saw ....
26 Aug 2021
Verditek (VDTK) - A challenging H1 but some improving trends
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Verditek (VDTK) - A challenging H1 but some improving trends
EARNZ PLC (EARN:LON) | 7.8 0 0.0% | Mkt Cap: 4.87m
- Published:
26 Aug 2021 -
Author:
Nick Spoliar -
Pages:
4
This morning's H1 announcement reflects a 6-month period during which VDTK faced a number of challenges, notably (1) economic uncertainty, (2) postponement of projects in the pipeline due to Covid restrictions, and (3) theft of stock from the Lainate plant leading to a £300k write off. Including the stock charge, the company has reported a post-tax loss of £1.2m, similar to or better than, on an underlying basis, the £0.9m loss recorded in H1-20A. All of this said, however, the period also saw ....