Make your money go further for just 25p per day

Proventec: cleaning up!

23/11/2009 · Proventec (PROV) 

Proventec, the provider of specialist steam cleaning and coatings technologies, issued interim results for the six months ended 30 September 2009. Much like Pure Wafer, the past few months have largely been all about cost cutting and survival!

Turnover of £8m was broadly at a similar level to the comparable period (2008: £8.2 m) with Gross profit maintained at £3.4 million. The loss before tax was £1m compared with a loss of £649,000 for the comparable period.

The group raised £1.5m in the period through a placing of shares at a price of 50p (current 56p).
During the period they acquired controlling stakes in Frank GmbH and CryoJet Industrial Services BV…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Proventec

Small Cap Review 27th Nov 2009

27/11/2009 · Smallcap Review
A round of applause for the outgoing group MD of Dee Valley Group (DV) after 43…

Proventec: cleaning up!

23/11/2009 · Company Insights
Proventec, the provider of specialist steam cleaning and coatings technologies, issued interim results for the six…

More Company Insights

Elderly challenges | Demotion | Australian boost

21/11/2024 · Churchill China · CVS Group · Renold · Tracsis

Bonkers Bargains: poised to recover with a new CEO

20/11/2024 · James Cropper

Improving returns | Questionable business models

Sign-up to our free email updates

SIGN UP