Brief: Pebble Beach Systems Group Sees FY Adjusted EBITDA Of 2.6 Mln Stg

Pebble Beach Systems

17/02/2021 07:27

Feb 17 (Reuters) - Pebble Beach Systems Group PLC  PEB.L :
    * PEBBLE BEACH SYS GRP  - TRADING UPDATE
    * PEBBLE BEACH SYSTEMS GROUP PLC - GROUP EXPECTS TO REPORT
RESULTS
FOR FULL YEAR 2020 WITH REVENUE OF APPROXIMATELY £8.4M (FY19:
£11.2M) AND ADJUSTED* EBITDA OF C. £2.6M (FY19: £3.8M)
    * PEBBLE BEACH SYSTEMS GROUP PLC - ORDERS RECEIVED IN FULL
YEAR
WERE £7.8M (FY19: £10.3M)
    * PEBBLE BEACH SYSTEMS GROUP PLC - GOING INTO 2021 THERE
CONTINUES
TO BE UNDERSTANDABLE DELAYS IN INVESTMENT DECISIONS OF OUR
CUSTOMERS GIVEN COVID-19
    * PEBBLE BEACH SYSTEMS GROUP PLC - MANAGEMENT EXPECTS NET
DEBT
REDUCTION TREND TO CONTINUE INTO 2021

Source text for Eikon:  ID:nRSQ2892Pa 
Further company coverage:  PEB.L 

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