Pebble Beach Systems has reported interims to June 2020, reflective of the global challenges posed by COVID-19. Revenue declined 20% to £4.5m (1H19: £5.6m) as prospective customers cautiously delayed large-scale broadcast infrastructure projects in the immediate term. This masked robust performance in SLA contract renewals, increasing to 42% of group revenue from 31% YoY (£1.9m; 1H19: £1.9m), delivering a greater proportion of recurring business during the period. Whil
26 Aug 2020
Pebble Beach Systems - Interims to June
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Pebble Beach Systems - Interims to June
Pebble Beach Systems Group PLC (PEB:LON) | 10.5 0 0.0% | Mkt Cap: 13.1m
- Published:
26 Aug 2020 -
Author:
Andrew Darley | Cavendish Research -
Pages:
12
Pebble Beach Systems has reported interims to June 2020, reflective of the global challenges posed by COVID-19. Revenue declined 20% to £4.5m (1H19: £5.6m) as prospective customers cautiously delayed large-scale broadcast infrastructure projects in the immediate term. This masked robust performance in SLA contract renewals, increasing to 42% of group revenue from 31% YoY (£1.9m; 1H19: £1.9m), delivering a greater proportion of recurring business during the period. Whil