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Clear Leisure losses reduce 70%; NAV stable €1.5m

By BFN News | 10:04 AM | Friday 20 September, 2019


Clear Leasuire's loss for the six months to 30 June reduced 70% to €477,000 (H1 2018: €1.6m), with group NAV remaining stable at €1.5 million, as announced in its interim results. Finance charges were also reduced by 28% due to reduction and rescheduling of debt. Revenue dropped from €8,000 to €6,000. Francesco Gardin, Chairman and CEO of Clear Leisure commented: 'We are now starting to witness some positive results with regards to monetising our historical assets, as well as seeing successes with our technology sector investments, which are proving their innovative potential.' 'The Board remains confident that by continuing with its well-founded strategies, its goal of returning meaningful value to shareholders will be achieved.' At 10:04am: (LON:CLP) Clear Leisure PLC share price was +0.02p at 0.24p Story provided by StockMarketWire.com

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