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Restore records profit jump in Q3 as efficiency drive kicks in

By BFN News | 09:11 AM | Thursday 01 October, 2020


IT company Restore has reported increased profits for the third quarter of 2020. In a trading update, it said Q3 profits were approximately 50% higher compared to the second quarter. Restore said it was in a "robust financial position" with strong cash generation and a continuation in debt reduction. It was also continuing to cut costs to "drive sustainable improvements in efficiency and flexibility". At 9:11am: (LON:RST) Restore PLC share price was +26p at 346p Story provided by StockMarketWire.com

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