Filta's FY20 trading update confirms a much stronger performance for the group in H2 versus that in H1, boosted by an increasing number of customers opening up during the summer period. Despite Covid-19 significantly affecting the restaurant and leisure sector, a strong focus on cash management meant that Filta reduced its net debt (excluding leases) by £0.4m YoY to £0.5m. With a healthy sales pipeline, solid balance sheet cash position (£4.2m), and vaccine roll-out progress, management has more ....
26 Jan 2021
Cenkos: Filta Group Holdings Plc -- FY20 Trading Update


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Cenkos: Filta Group Holdings Plc -- FY20 Trading Update
Filta Group Holdings PLC (FLTA:LON) | 109 0 0.0% | Mkt Cap: 31.7m
- Published:
26 Jan 2021 -
Author:
Peter John Renton -
Pages:
6 -
Filta's FY20 trading update confirms a much stronger performance for the group in H2 versus that in H1, boosted by an increasing number of customers opening up during the summer period. Despite Covid-19 significantly affecting the restaurant and leisure sector, a strong focus on cash management meant that Filta reduced its net debt (excluding leases) by £0.4m YoY to £0.5m. With a healthy sales pipeline, solid balance sheet cash position (£4.2m), and vaccine roll-out progress, management has more ....