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Plans to turn former Caerau primary school site into houses given the go ahead
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Site of former Caerau school could make way for 22 new homes
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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under The Market Abuse Regulation (EU 596/2014) pursuant to the Market Abuse (Amendment) (EU Exit) Regulations 2018. Upon the publication of this announcement via a Regulatory Information Service ( RIS ), this inside information is now considered to be in the public domain. Not for publication, distribution or release directly or indirectly, in whole or in part, in or into the United States of America, Canada, Australia, Japan, the Republic of Ireland, the Republic of South Africa, New Zealand, Cayman Islands, Barbados, Switzerland, the State of Kuwait or Singapore in or into any other jurisdiction where offers or sales would be prohibited by applicable law. This announcement
· Gross margin was 54% (H1 2019/20: 58%; FY 2019/20: 47%) · Adjusted EBITDA was £0.9m loss (H1 2019/20: £0.6m loss) · Loss before tax was £3.4m (H1 2019/20: £2.7m loss) · Cash and cash equivalents at 31 October 2020 were £5.8m (30 April 2020: £9.4m; 31 October 2019: £13.4m) Adjusted EBITDA is defined as earnings before interest, taxation, depreciation, amortisation, other income and share-based payments. For further details, see the Financial Review below. Operational Summary · Resumption of orders and shipments across all segments in final two months of the period with business patterns starting to return to normal and increased commercial activity post period · Continuing commercial traction and development of D3S family of products, which has been sold in over 25 countries