Hydrodec logo

HYR - Hydrodec News Story

3.95p 0.0  0.0%

Last Trade - 3:41pm

Market Cap £1.12m
Enterprise Value £11.5m
Revenue £11.9m
Position in Universe 1788th / 1819

BRIEF-Hydrodec Group Says HY Sales Volumes Of 11.0 Mln Litres Were Up On Prior Year

Fri 27th September, 2019 7:25am
Sept 27 (Reuters) - Hydrodec Group PLC  HYR.L :
    * HYDRODEC GROUP PLC - CHRIS ELLIS, FORMER CEO, CURRENTLY A
NON-EXECUTIVE DIRECTOR, IS TO REPLACE DAVID DINWOODIE AS CEO
    * HYDRODEC GROUP PLC - SALES VOLUMES IN H1 OF 11.0 MILLION
LITRES
WERE UP ON PRIOR YEAR (H1 2018: 10.3 MILLION LITRES)
    * HYDRODEC GROUP PLC - CHALLENGING TRADING CONDITIONS IN Q3
DUE TO
PLANT PRODUCTION ISSUES AND CONSTRAINED WORKING CAPITAL POSITION
    * HYDRODEC GROUP PLC - HY INCOME INCREASED TO US$7.2 MILLION
(H1
2018: US$6.6 MILLION) AS DEMAND FOR SUPERFINE PRODUCTS REMAINED
STRONG
    * HYDRODEC GROUP PLC - BOARD WILL UNDERTAKE AN ACCELERATED
STRATEGIC REVIEW AND IT REMAINS CONFIDENT ABOUT COMPANY'S FUTURE
PROSPECTS
    * HYDRODEC GROUP PLC - GROUP ENTERING FINAL 6 MONTHS OF TWO
YEAR
TURNAROUND PROGRAMME

Source text for Eikon:  ID:nRSa8816Na 
Further company coverage:  HYR.L 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.