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CEPS losses narrow on lower costs | 25 May 2021

25 May 2021 | 09:13am StockMarketWire.com - CEPS, an investor in startups, reported narrower annual losses as cost cuts offset a pandemic-led fall in revenue. For the year ended 31 December 2020, pre-tax losses narrowed to £645,000 from £2.3 million, while revenue fell to £14.0 million from £21.8 year-on-year. The results of Aford Awards, Friedmans and Milano International segments, which all operate in the leisure sector, results were decimated by the effects of the pandemic, the company s...
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