UK's Mind Gym hits record low on gloomy outlook

Mind Gym

09/10/2023 09:02

** Shares in Mind Gym Plc  MIND.L  fall as much as 42.3% to
record low of 32p 
    ** UK's human capital and business improvement solutions
provider sees HY core loss, revenue to fall to 21 mln pounds 
($25.6 mln) from 26.8 mln pounds yr ago 
    ** Co expects FY24 revenue, profits significantly lower than
current market expectations 
    ** However, H2 performance expected to be stronger than H1 -
MIND
    ** Stock on track to log record intraday loss, if trend
holds 
    ** Including session's losses, stock down ~58% so far this
year 


($1 = 0.8212 pounds)

 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))