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Investegate announcements from SimiGon Limited, Proposed Merger & Delisting

28 April 2021 | 09:10am StockMarketWire.com - Simulation and training solutions group SimiGon posted a full-year loss as the Covid-19 pandemic disrupted project work. Pre-tax losses for the year through December amounted to £2.18 million, compared to year-on-year losses of £1.45 million. Revenue fell 34% to $3.22 million. SimiGon said the fall in sales reflected slower progress in delivering against project milestones due to Covid-19 restrictions and limitations on securing expected new business wins. 'SimiGon has worked through multiple challenges presented by the Covid-19 global pandemic,...

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