2021 will see significant product development and roll-out. To accelerate these processes, a Head of Innovation has been appointed alongside recent hiring of a new Head of Sales and Head of Procurement. In an H1 pre-close update today, the Group has reported revenue growth of 13% to £5.4m (at constant FX) but an operating loss of £0.5m against break-even in H120a. This is due to investments in the platform and higher distribution expenses caused by global supply chain bottlenecks. Cash is comfor ....
13 Jul 2021
Symphony Environmental (SYM LN) - Investing in the platform
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Symphony Environmental (SYM LN) - Investing in the platform
Symphony Environmental Technologies plc (SYM:LON) | 3.2 0 0.0% | Mkt Cap: 6.01m
- Published:
13 Jul 2021 -
Author:
Robin Byde -
Pages:
6
2021 will see significant product development and roll-out. To accelerate these processes, a Head of Innovation has been appointed alongside recent hiring of a new Head of Sales and Head of Procurement. In an H1 pre-close update today, the Group has reported revenue growth of 13% to £5.4m (at constant FX) but an operating loss of £0.5m against break-even in H120a. This is due to investments in the platform and higher distribution expenses caused by global supply chain bottlenecks. Cash is comfor ....