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Brave Bison pre-tax losses narrow

By BFN News | 09:33 AM | Monday 31 July, 2017


Pre-tax losses at Brave Bison Group narrowed to £2.2m in the six months to the end of June - down from £3.6m a year ago. Revenues fell to £5.99m from £9.7m while the cost of sales totalled £3.1m - down from £5.9m - and administration expenses of £4.5m were down from £6.4m a year ago. Chief operating and finance officer Kevin Deeley said: "When I agreed to take on the responsibilities of the chief executive officer in January this year, it was with the aim of bringing some stability to this promising, innovative and creative business while a permanent CEO was sought. "The financial results for the first half of the year demonstrate that Brave Bison has the potential to deliver strong performance by focusing on high-value activity as a producer and broadcaster of social video. "I wish our new CEO Claire Hungate the very best as she takes on the leadership of this exciting business." At 9:33am: (LON:BBSN) Brave Bison Group Plc share price was +0.08p at 1.28p Story provided by StockMarketWire.com

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