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Virgin Credit Card:
£2.96m
0.000p ()
3.63p
Date: Wednesday 06 Aug 2008
LONDON (ShareCast) - Vehicle installation service provider TG21 swung to a pre-tax loss after the reorganisation of its business, but said current trading is in line with expectations.
The group reported a pre-tax loss of £26,000 for the six months to 30 June compared with a profit of £687,000 last time. Revenue from continuing operations fell to £6m from £8.2m previously.
Net debt has been reduced to £0.4m as at 30 June compared with £3m last year.
"The first half of the year has undoubtedly been challenging," said chairman Peter Ward.
"However our strategy of exiting mature and declining markets and reducing net debt means that we are well placed to deal with the challenges we face and exploit opportunities going forward," he added.
| Currency | UK Pounds |
| Share Price | 3.63p |
| Closing Price Change | 0.000p |
| 52 Week High | 7.50 |
| 52 Week Low | 3.62 |
| Volume | 0 |
| Shares Issued | 81.69m |
| Market Cap | £2.96m |
| Beta | 0.05 |
| RiskGrade | 182 |
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| Strong Buy | 0 |
| Buy | 0 |
| Neutral | 1 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 1 |

| No dividends found |