28 June 2022 - interim results
The AIM-listed LED lighting and electronic system design group has announced disappointing interim results for the six months to 31 March. Customer driven delays have resulted in a decline in revenue to £8.6m (2021: £9.3m) with a pre-tax loss of £0.6m (2021: pre-tax profit of £0.1m) being recorded. Net debt at the period end was also higher at £2.5m (2021: £1.9m). One positive is that the order book at the end of the period was at a record level of £30.8m although delays by customers . . .
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