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, Friedman's and Milano International segments, which all operate in the leisure sector, results were 'decimated by the effects of the pandemic,' the company said. Looking ahead, the company said it expected a 'gradual but definite return to a version of "...
Source: stockmarketwire.com