Universe Group PLC - Southampton, Hampshire-based retail management solutions, payment and loyalty systems provider - Expects revenue for the second half of 2020 to be in line with the first half, with a modest level of adjusted earnings before interest, tax, depreciation, and amortization profitability forecast for the full year.
Revenue for six months to June 30 was GBP9.8 million. Pretax loss of GBP826,000 was recorded.
"We have a resilient financial position and are cautiously optimistic about our prospects for next year," says Chief Executive Jeremy Lewis.
Current stock price: 3.95 pence
Year-to-date change: down 25%
By Ife Taiwo; ifetaiwo@alliancenews.com
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