By Iain Gilbert
Date: Wednesday 21 Oct 2020
LONDON (ShareCast) - (Sharecast News) - Touch sensor overlay products manufacturer Zytronic warned on Wednesday that full-year sales had fallen considerably amid the Covid-19 pandemic.
Zytronic said sales for the twelve months ended 30 September had reduced to £12.7m from the £20.7m recorded in the prior year.
However, the AIM-listed firm stated it had remained profitable before exceptional items relating to restructuring and furlough costs and that full-year underlying earnings were "positive".
Zytonic also added that its cash position continued to be "strong" at £14.0m, up from £13.1m at the same time a year earlier, benefitting from a reduction in working capital.
"Whilst we are still facing uncertainty regarding levels of future business, particularly from the gaming and financial sectors, Zytronic is in a strong financial position," the group concluded.
As of 1010 BST, Zytronic shares were down 6.09% at 108.0p.
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Currency | UK Pounds |
Share Price | 57.06p |
Change Today | -0.44p |
% Change | -0.77 % |
52 Week High | 102.50p |
52 Week Low | 55.00p |
Volume | 0 |
Shares Issued | 10.16m |
Market Cap | £5.80m |
RiskGrade | 252 |
Value |
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Price Trend |
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Income |
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Growth |
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Latest | Previous | |
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Final | Final | |
Ex-Div | 09-Feb-23 | 03-Mar-22 |
Paid | 24-Feb-23 | 18-Mar-22 |
Amount | 2.20p | 1.50p |
CEO | Mark Cambridge |
Finance Director | Claire Louise Smith |
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