TRADING UPDATES: Camellia expects 2022 normality; Microsaic loss slims
Tue, 4th May 2021 18:13
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Camellia PLC - Kent-based agriculture and engineering services firm - Revenue for 2020 broadly steady at GBP291.2 million from GBP291.5 million in 2019, though pretax profit drops to GBP7.8 million from GBP22.3 million. Reports GBP8.2 million net charge resulting from legal and other expenses relating to the settlement of claims concerning its East African operations and largely pandemic-related impairment charges offset in part by gain on sale of Horizon farm property. Mainstains dividend at 144p. While the UK is returning to normality to the benefit of some of our UK based businesses, we have concerns about further waves of the pandemic across India, Bangladesh and East Africa. We do not believe that normal trading conditions will emerge
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