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Annual Results

Adams operating losses widen

22 June 2016 07:47

Adams posts an operating loss of €234,000 for the year to the end of March - up from €25,000 last time.

Net assets totalled €1.10 million (2015: €0.25 million). Investments at 31 March were valued at €0.87 million represented by four AIM quoted holdings (2015: €0.17 million represented by two quoted holdings).

Chairman Michael Bretherton saod "The Board remains committed to delivering additional value for our shareholders and will continue to maintain a rigorous and highly selective investment approach with a view to exploiting opportunities as they emerge."

Story provided by StockMarketWire.com

Related Company: ADA

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