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Porta Communications In Final Stages Of Restructuring Plan

Wed, 29th May 2019 14:16

LONDON (Alliance News) - Porta Communications PLC on Wednesday said it has achieved "significant progress" in its restructuring plan, which is now in the final stages of completion.

The marketing company launched the restructuring plan, focused on simplifying the business, reducing its exposure to risk, delivering operational efficiencies and driving improved performance, just over a year ago.

Meanwhile, the company said that its work pipeline in the UK is still affected by "continuing political uncertainty", but its business in Australia is "encouraging" as a result of an uptick in economic activity.

Porta shares were untraded at 0.50 pence each.

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