I present the Company’s half-yearly report for the six-month period ended 30 September 2020.
When I last reported to shareholders in July, the UK was just starting to come out of the first lockdown, and it was clear that some of the portfolio companies had been significantly negatively impacted by the coronavirus pandemic. Since then, we have seen the setback of the second wave and a further government-imposed lockdown.
Although some investments have been further hindered by the ongoing pandemic, particularly those within the leisure and hospitality sectors, many have now been able to adapt to the conditions and some have been able to benefit from the new environment, for example in the education technology sector.
UK TRADING UPDATE SUMMARY: Focusrite Revenue Grows On Strong Demand
Thu, 17th Dec 2020 15:52
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Focusrite PLC - music and audio products company based in High Wycombe, Buckinghamshire - Says revenue in first quarter of financial 2021 ending August 31 was substantially greater than the same period last year as demand for its products has continued to be strong. Notes however that global factors such as Covid-19, Brexit, and US tariffs may hurt its operations.
Netcall PLC - Hemel Hempstead-based customer engagement software firm - Notes continues strong momentum in first half of financial 2021 ending December 31, adding order levels are significantly higher year-on-year driven by demand for low code and customer engagement solutions across market segments of healthcare, government and financial services. Cloud annual contract value is