Proventec: cleaning up!
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
More on Proventec
27/11/2009 · Smallcap Review
A round of applause for the outgoing group MD of Dee Valley Group (DV) after 43…
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 companies growth struggles while the vets find joy down-under
New CEO to drive this highly innovative business
Our assessment of results highlights some questionable businesses
More on Proventec
More Company Insights