Interim Results Presentation

RNS Number : 1358K

Thalassa Holdings Limited

19 September 2016

 

Thalassa Holdings Ltd

(Reuters: THAL.L, Bloomberg: THAL:LN)

("Thalassa")

Interim results presentation

Thalassa Holdings Ltd, a holding company currently with subsidiaries in the Energy Services and Defence and Homeland Security Industries, announces that it has placed on its website (http://thalassaholdingsltd.com/) a copy of the presentation relating to its results for the six months ended 30 June 2016.

The presentation includes the following financial information, which has not previously been notified, in respect of Thalassa's wholly owned subsidiary WGP Group Limited:

31 December	2016 Estimated (Note 1)	2015 Actual (Note 2)
	US$m	US$m
Sales	10.5	18.8
Operating profit before depreciation	2.4	6.2
Operating profit	1.5	4.1
Profit before taxation	1.1	3.2
Profit after taxation	0.8	2.6
Borrowings due to parent company	12.0	16.7
Cash	1.2	11.6

Notes:

1.   As estimated by the Board of Thalassa

2.   Extracted from unpublished management accounts for the year ended 31 December 2016.

Thalassa Holdings Ltd

      Duncan Soukup, Chairman                                                     [phone]

WH Ireland Limited (Nominated Adviser and Broker)

      Chris Fielding, Head of Corporate Finance                            [phone]

Press Enquiries:

Square1 Consulting (Public Relations)

David Bick                                                                                       [phone]

http://thalassaholdingsltd.com/documents/NP0316-2061_ANNUALREPORT.pdf

www.thalassaholdingsltd.com

 

END

 

 

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