Results will have continued24 Mar 2013 21:22
In vein with half year, with a loss of a couple of hundred thousand, expectation to break even next quarter. Sales up, people slowly coming on line and no need for more cash next 6 months.
Cash flow all the way, what do they have to keep the business trading? If they need more its going to be challenging. I think the kit will work, it will be forced in so to speak by ever higher energy prices and it one of several method to encourage reduction.
Building industry is going to improve, businesses looking for every edge, I see this doing ok if it has cash to trade. Positive statements from non execs lately, big challenges ahead, however I bet British gas will now push with several other initiatives big time. GLA