Bonhill Group PLC - London-based media company - Revenue being generated solely from digital and data arms as events unit cannot operate as planned due to Covid-19. Reduced headcount by 13 and secured GBP1.8 million in annualised savings. Second quarter revenue in US business 20% higher from first quarter, but year-on-year sales expected to fall 20%. Notes Fraser Gray, a non-executive director, has stepped down with immediate effect.
Current stock price: 7.25 pence
Year-to-date change: down 81%
By Eric Cunha; ericcunha@alliancenews.com
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