19 March 2021- final results
The AIM-listed company, best known for its dry cleaning and workwear businesses, has announced its results for 2020 which have clearly suffered from the pandemic with businesses being closed for much of the year. Revenues fell to £230m (2019: £351m) whilst the company reported an adjusted loss before tax of £17.0m compared with an adjusted profit before tax in the previous year of £48.2m. No dividend is proposed which is hardly surprising. The company has taken action to counter the effect of the pandemic but it will clearly be some time before . . .
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