CMO Group PLC - Plymouth, based online building materials retailer - Says it expects revenue in the six months ended June 30 to be around GBP36.9 million, down 12% from GBP41.9 million the year before. The company says that the economic situation "remains challenging" and consumer confidence is low. CMO says net cash at the end of the first half was GBP1.0 million, down 63% from GBP2.7 million at the same time a year prior. Earnings before interest, tax, depreciation and amortization is expected to be around GBP2.5 million in the half, in line with expectations, and up 92% from GBP1.3 million the year before. Sales expected to fall to an estimated GBP80.0 million.
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