RE: Trading update16 Apr 2025 08:47
Its worth reminding ourselves:
Despite a challenging final quarter of the year for the automotive industry, the Group expects to deliver a highly resilient performance for 2024, with revenue no less than $117m*, adjusted PBT no less than $8.6m*, broadly in line with market expectations**. Due to strong cash management, net debt at 31 December was slightly better than expected at $7.5m***.