IndicoVision – 188p

13 January 2020 – trading update

The company has issued a trading update covering the year to 31 December and revealed that sales for the year were $50.1m, a 9% increase over the prior year.  Gross margins have been maintained at the same level as 2018 and helped by tight cost controls the company expects to report results in line with expectations.  The shares remain a BUY.

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