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Sierra Rutile widens FY pretax loss

By BFN News | 07:41 AM | Thursday 31 March, 2016

Sierra Rutile has widened its FY pretax loss to GBP9.4m, from a loss of GBP8.9m. Revenue was 10% lower at GBp105.8m, from GBP117.8m. The company achieved its targets across the business last year. "Production was towards the upper end of guidance, costs were rigorously managed and the business was cash generative," it said in a statement. Story provided by

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