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IN BRIEF: SEC Newgate Outlook Bullish Despite Covid-19 Uncertainty

Mon, 21st Sep 2020 15:07

SEC Newgate Spa - Milan-based communications, advocacy and research firm - Revenue in six months to June 30 more than doubles annually to EUR31.5 million from EUR15.0 million. Pretax profit up sharply to EUR1.5 million from EUR300,000. "The outlook is exciting despite the uncertainties caused by Covid-19. The board believes that positive momentum can be maintained and that the group can continue to develop as a major global strategic communications agency," Chair John Foley said.

Current stock price: 56.00 pence

Year-to-date change: up 29%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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