Technology business returns to profit
A Sheffield technology firm has returned to profit for the first half of this year; just over 12 months on from issuing a profit warning and seeing a shares slump.
Servelec Group reports a return to growth in revenue and profit in the first half of the year to June 2017. In a report issued this morning, it said cash conversion had returned to anticipated levels and that the group is aiming to be debt free by the year-end as it considers providing for an outstanding £2.6m from 2015.
The firm also has seen a deferment of orders ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
