RTC has reported EBIT of £0.8m (2018: £0.8m) for the six months to June 2019 and delivered increased cash from operations of £1.1m (1H2018 it was an outflow of £1.3m). RTC’s sole source of financing is its invoice discounting facility, utilisation of which has reduced from £6m at June 2018 to £4m. It has also grown the interim dividend by 7.7% to 1.4p. Looking forward, its non-UK and non-cyclical activities, i.e. GSS and Ganymede continue to trade wel

05 Aug 2019
Benefits from non-UK, non-cyclical, activity

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Benefits from non-UK, non-cyclical, activity
RTC Group plc (RTC:LON) | 90.0 0 0.0% | Mkt Cap: 11.3m
- Published:
05 Aug 2019 -
Author:
Andy Smith -
Pages:
4 -
RTC has reported EBIT of £0.8m (2018: £0.8m) for the six months to June 2019 and delivered increased cash from operations of £1.1m (1H2018 it was an outflow of £1.3m). RTC’s sole source of financing is its invoice discounting facility, utilisation of which has reduced from £6m at June 2018 to £4m. It has also grown the interim dividend by 7.7% to 1.4p. Looking forward, its non-UK and non-cyclical activities, i.e. GSS and Ganymede continue to trade wel