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Holders H1 below expectations

By BFN News | 08:07 AM | Friday 25 July, 2014


Holders Technology plunged into the red in the six months to the end of May as first half results came in below its expectations. Revenues of £7.0m were unchanged from restated figures for the corresponding period last year but the group posts a pre-tax loss of £0.2m (2013: £0.0m). The group says it expects that the second half of the year will show a more satisfactory outcome for its LED activities and that further progress will be made to ensuring that it is able to achieve sustained growth in group turnover. The group says it continues to seek new business opportunities in all markets and grow its market share. At 8:07am: (LON:HDT) Holders Technology PLC share price was -4p at 54p Story provided by StockMarketWire.com

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