Turbulent year for digital sector impacts on trading at listed firm
Sheffield-based digital agency Jaywing has seen its revenues rise but profitability suffer in a turbulent year where it "endured a period of challenging market conditions in the UK" and focused on strengthening its Australian business.
The listed firm this morning posted its annual results to March 31 2018, which showed revenues were £47.5m - up 6% from £44.5% in 2017. Its losses before tax were reduced to £1.1m, down from £2.9m for the year ended March 31 2017.
However, its EBITDA in 2018 reduced to £3m, down from £4.8... 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...