8 September 2020 - interim results
Interim results for the six months ended 30 June 2020 have been released. Revenue was £89.9m (2019: £66.7m), representing 35% year-on-year growth and record first half revenue. Adjusted operating profit was £4.3m (2019: loss of £1.9m) due to additional volume and high operational gearing. There was an adjusted cash inflow from operations of £16.2m (2019: £6.7m). Net debt at the period end was £7.4m, which has reduced by almost £9m since the year end due to strong operating cash generation and lower levels of capital investment . . .
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