Share Prices & Company Research

Market News

23 Aug 2019 | 09:06

Holders Technology profits slump on challenges in German automotive industry

Holders Technology reported a slump in half-yearly profits as revenues were adversely impacted by the overall economic environment and the challenges faced by the automotive industry in Germany. For the six months ended 31 May, pre-tax profit fell to £20,000 from £65,000 a year earlier and revenue decreased by 2.5% to £6.0m. PCB sales in the period decreased by 9.8%, from £4.76m in 2018 to £4.3m, while PCB gross margins decreased by 0.7% to 22.5%. The interim dividend was unchanged year-on-year at 0.25p per share.

At 9:06am: (LON:HDT) Holders Technology PLC share price was -5p at 40p

Story provided by StockMarketWire.com
Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.