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IN BRIEF: Grafenia looks to new year with cautious optimism

Wed, 06th Apr 2022 14:50

Grafenia PLC - Manchester-based printing and software company - Expects sales in the year ended March 31 of GBP12.0 million which would represent a 24% increase on the previous year's figure of GBP9.7 million if achieved, though still below its pre-pandemic level. Company expects a smaller pretax loss and earnings before interest, tax, depreciation and amortisation to be positive. Describes itself as "cautiously optimistic" about the upcoming year. Notes price rises across the board, with paper in particular increasing by 30 to 50%.

Current stock price: 5.70 pence

12-month change: up 1.2%

By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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