SeaEnergy (AIM:SEA) Lots of waffle and questionable progress they surely need to focus
management comments on strong revenue growth across all businesses but turnover was only £3.6m and there was still a loss from continuing operations of £0.2m for the first six months of 2014 (H1 2013: loss of £0.6m).
Gross margins were a paltry 27% compared with 47% in the comparable period, although the Marine start-up is to blame for that.
Management reports of the strong revenue growth but key business R2S only saw…
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