LONDON (Alliance News) - Modern Water PLC said Thursday that it expects to report a sales increase on last year and narrowed loss for the first half of the year.
The company said that for the six months to June 30, sales are expected to be 20% higher than last year when revenue stood at GBP1.6 million.
The company expects pretax loss of GBP1.4 million, reduced by GBP400,000 compared to the first half of 2017 when it was GBP1.8 million.
Modern Water shares were trading down 3.0% at 9.46 pence each.
