29 September 2026
The ship chartering group has announced a positive trading update for the six months to 31 August. Revenue for the period rose 16% to £74.3m driven by a strong rate environment with underlying operating profit rising by 7% to £6.0m. Net debt at the end of the period had fallen to zero from £2.9m at the year end at the end of February and that was after making £1.4m of strategic investments to drive future growth. The company believes that it is on course to achieve full year profit expectations and we therefore . . .
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