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19 Sep 2016 07:00
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa")
Interim results presentation
Thalassa Holdings Ltd, a holding company currently with subsidiaries in the Energy Services and Defence and Homeland Security Industries, announces that it has placed on its website (http://thalassaholdingsltd.com/) a copy of the presentation relating to its results for the six months ended 30 June 2016.
The presentation includes the following financial information, which has not previously been notified, in respect of Thalassa's wholly owned subsidiary WGP Group Limited:
31 December | 2016 Estimated (Note 1) | 2015 Actual (Note 2) |
US$m | US$m | |
Sales | 10.5 | 18.8 |
Operating profit before depreciation | 2.4 | 6.2 |
Operating profit | 1.5 | 4.1 |
Profit before taxation | 1.1 | 3.2 |
Profit after taxation | 0.8 | 2.6 |
Borrowings due to parent company | 12.0 | 16.7 |
Cash | 1.2 | 11.6 |
Notes:
1. As estimated by the Board of Thalassa
2. Extracted from unpublished management accounts for the year ended 31 December 2016.
Thalassa Holdings Ltd
Duncan Soukup, Chairman +33 (0)6 78 63 26 89
WH Ireland Limited (Nominated Adviser and Broker)
Chris Fielding, Head of Corporate Finance +44 (0)207 220 1650
Press Enquiries:
Square1 Consulting (Public Relations)
David Bick +44 (0)207 929 5599
http://thalassaholdingsltd.com/documents/NP0316-2061_ANNUALREPORT.pdf
www.thalassaholdingsltd.com
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