Investegate |Filta Group Holdings Announcements | Filta Group Holdings: Trading Update
Filta Group Holdings PLC (AIM: FLTA), a provider of fryer management and other services to commercial kitchens, issues a trading update for the financial year ended 31 December 2020. As well documented in Filta's previous updates, the impact of Covid-19 on the restaurant and leisure sector saw the Company focus on its cash position in order to navigate an unexpectedly challenging period. This focus produced the desired results and we are pleased to say that net debt (excluding lease obligations) has been reduced by 42% to £0.5m. Cash and cash equivalen...
Source: investegate.co.uk