Vinaora Nivo Slider Vinaora Nivo Slider Vinaora Nivo Slider Vinaora Nivo Slider Vinaora Nivo Slider Vinaora Nivo Slider Vinaora Nivo Slider Vinaora Nivo Slider Vinaora Nivo Slider

Interim Results 2013

Wednesday, 18 September 2013 23:00
Norcon plc announces unaudited interim results for the six months ended 30 June 2013 (the "Interim Period").
 
FINANCIAL HEADLINES:
· Revenue of US$22.9m (H1 2012: US$25.3m)
· Gross profit of US$3.1m (H1 2012: US$2.9m),
· EBIDTA loss of US$ 0.3 (H1 2012: US$ 0.3 profit)
· Loss after tax of (US$1.4m) (H1 2012: US$0.5m loss)
· Net cash balance of US$1.5m (30 June 2012: US$1.5m net debt)
· Pro forma loss per share of (US$0.03) (H1 2012: US$0.01 loss)
 
OPERATIONAL HEADLINES:
· Long-term strategy of diversification into new markets and services providing positive progress
· New deals secured in USA, Europe, Middle East and Asia Pacific
· Revenues outside our legacy market now account for close to 50% of total H1 revenues compared to 30% in H1 2012