600 Group (SIXH)

Sector:

Engineering

 2.65p
   
  • Change Today:
      0.000p
  • 52 Week High: 13.25p
  • 52 Week Low: 2.40p
  • Currency: UK Pounds
  • Shares Issued: 127.87m
  • Volume: 0
  • Market Cap: £3.39m
  • RiskGrade: 133

600 Group secures £1.2m CLBILS loan from HSBC

By Iain Gilbert

Date: Friday 21 Aug 2020

LONDON (ShareCast) - (Sharecast News) - Industrial engineering company 600 Group has secured a £1.2m loan from HSBC under the government's Coronavirus Large Business Interruption Loan Scheme to help provide the firm with headroom as it attempts to navigate the Covid-19 pandemic.
600 Group said on Friday that Covid-19 had impacted the company across all operating regions but stated that while there continued to be reduced activity, order backlog levels had returned to "acceptable levels", given the circumstances, and was now down 15% year-on-year.

The AIM-listed group said all sites were now operational.

In addition to the CLBIL loan, 600 Group said it had taken advantage of a loan under the USA Government Paycheck Protection Program.

600 Group also noted that due to difficulties caused by the pandemic, "more time" would be required for it to publish its annual accounts, with its full-year report now expected no later than 31 December.

Chairman Paul Dupee said: "These are unprecedented times. We have taken decisive action to ensure our workforce and technical competencies remain intact through this period of uncertainty so that the group can react quickly as markets improve."

As of 0935 BST, 600 Group shares were up 1.25% at 8.10p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

600 Group Market Data

Currency UK Pounds
Share Price 2.65p
Change Today 0.000p
% Change 0.00 %
52 Week High 13.25p
52 Week Low 2.40p
Volume 0
Shares Issued 127.87m
Market Cap £3.39m
RiskGrade 133

600 Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.57% above the market average87.57% above the market average87.57% above the market average87.57% above the market average87.57% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Value
87.57% above the market average87.57% above the market average87.57% above the market average87.57% above the market average87.57% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Income Not Available
Growth
41.89% below the market average41.89% below the market average41.89% below the market average41.89% below the market average41.89% below the market average
39.39% below the sector average39.39% below the sector average39.39% below the sector average39.39% below the sector average39.39% below the sector average

600 Group Dividends

  Latest Previous
  Interim Final
Ex-Div 12-Dec-19 29-Aug-19
Paid 10-Jan-20 30-Sep-19
Amount 0.25p 0.50p

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

Top of Page