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BLEY - CH Bailey News Story

92.5p 0.0  0.0%

Last Trade - 29/01/19

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £5.54m
Position in Universe th / 1807

BRIEF-CH Bailey H1 Profit Rises 43 Pct, Rev Dips

Fri 7th December, 2018 7:37am
Dec 7 (Reuters) - CH Bailey PLC  BLEY.L :
    * H1 OVERALL PROFIT ROSE 43 PERCENT TO 601,000 STG
    * H1 GROUP REVENUE FELL 4 PERCENT TO 2.609 MILLION STG
    * HY EBITDA AT £1.2 MILLION  IS UP 18%
    * OPERATIONS IN TANZANIA AFFECTED BY REDUCED ECONOMIC
ACTIVITY IN
COUNTRY
    * REVENUE IN SOUTH AFRICA REDUCED DUE TO FIRE AT GALENIA IN
FEB
2018 WITH ANTICIPATED RECOVERY IN H2
    * BELIEVE THERE WILL BE CONTINUED GROWTH IN UK ENGINEERING
BUSINESS
    * CONTINUED UNCERTAINTY OF BREXIT MAY IMPACT CUSTOMERS'
BUSINESS
AND THEREFORE COULD HAVE ADVERSE EFFECT ON BUSINESS GROWTH

Source text for Eikon:  ID:nRSG7365Ja 
Further company coverage:  BLEY.L 

 ((Reuters.Briefs@thomsonreuters.com;))
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