bit patchy27 Apr 2009 16:22
Mar 31
2009 Post interim tax update
Following the interim results statement, CustomVis received notice that the FY08 tax charge had been reduced by HMRC from £398k to £96k. Interim results showed that the company has installed two lasers since January, suggesting five or six installations are possible in H2 (the six months to June 2009), compared to seven in H1. However, sales tend to be lumpy and could rise. A currency gain of £0.46m was booked. Cash was £0.63m and needs to be managed carefully.
Research type: Update - Update on tax