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Tighter UK lockdown measures put pressure on Universal Partners
By Sandile Mchunu
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DURBAN - UNIVERSAL Partners said yesterday that it felt the impact of the trading restrictions in the UK as the country responded to the surge of Covid-19 infections by tightening lockdown measures.
The group reported a basic headline loss of 2.77 pence (R056) a share for the six months to end December, up from 0.88p compared to last year.
Its loss widened to £2 million (R40.62m) during the six months, up from £638 384 compared to last year, and operating loss increased to £595 922, up from £266 528 compared to last year. The group’s principal activity is to hold investments in high-quality, growth businesses across Europe, with a focus on the UK. It has investments in Dentex x Healthcare Group, Yasa, SC Lowy Partners, JSA Services, TechStream Group and Propelair. ....

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