12 November 2021 - trading update

The AIM-listed engineering group has announced that trading in the current year continues in line with expectations and the group's order book continues to increase - as at 9 November, the forward order book stood at $23m compared with just $11m on the same date in 2020. The company has also announced that it has been granted forgiveness of more US loans totalling $2.2m.  Following this forgiveness, group net debt stands at some $14m.  The company is clearly progressing well and with the shares having drifted lower from the year high of 16 . . .

This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.

Already a member, log in HERE.