discoverIE Group PLC (LON:DSCV) CEO Nick Jefferies talks to Proactive London's Polly Middlehurst about their latest six month results, which he is 'relieved and pleased that we have had a resilient performance........ throughout its locations'.
The company returned to organic revenue growth in September and in the last two months has seen orders running ahead of sales.
The second half of its financial year has started well enough for the company to resume dividend payments.
Profit before tax declined to £7.7mln from £10.4mln the year before. He says given the context, the 'wider markets are down very much more than that'.
Free cash flow for the period was £20.1mln, which resulted in roughly £20mln being wiped off net debt, which stood at £42.1mln at the end of September.