The Company has issued its interim results today and essentially confirmed the key items that were announced in the January trading update. Encouragingly the Company has seen conditions stabilise in Argentina, its largest market, and the business is likely to breakeven in H2. Perhaps more importantly no further cash drain is expected despite the product and markets launch program. The new Indian business is performing in line with expectations and the Company believes it will have enough KPI dat ....
30 Mar 2016
Interims in line with trading update
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Interims in line with trading update
Mobile Streams Plc (MOS:LON) | 0.0 0 0.0% | Mkt Cap: 2.70m
- Published:
30 Mar 2016 -
Author:
Johnathan Barrett -
Pages:
3
The Company has issued its interim results today and essentially confirmed the key items that were announced in the January trading update. Encouragingly the Company has seen conditions stabilise in Argentina, its largest market, and the business is likely to breakeven in H2. Perhaps more importantly no further cash drain is expected despite the product and markets launch program. The new Indian business is performing in line with expectations and the Company believes it will have enough KPI dat ....