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12 March 2021 | 08:34am StockMarketWire.com - Building products provider Eurocell swung to a loss as the spring COVID-19 lockdown hurt activity and weighed on sales in the first half of the year offsetting a recovery in the second. For the year ended 31 December 2020, pre-tax losses were £1.5 million compared with a profit of £22.7 million year-on-year as revenue fell 8% to £257.9 million. Sales were down 31% in H1, reflecting business closed from late March to mid-May, but recovery in H2, rising 15% year-on-year. Looking ahead, the company said it had started the new year well and its focus now included completing the warehouse transition successfully. Whilst the current levels of uncertainty mean it is difficult to predict the outcome for the year, 2021 has started well with sales to the end of February up 8% on 2020 and it remains our intention to return to paying dividends this year, the company said. ....
15 January 2021 | 09:11am StockMarketWire.com - PVC products products maker Eurocell said underlying pre-tax profit would be ahead of current expectations following stronger than anticipated sales for November and December. The strong sales performance previously announced for the 4 months to 31 October continued through to the end of the year, the company said. Sales for H2 were £164 million, up 15% on H2 2019, while sales for the full year were £257 million, down 8% on 2019. At 9:11am: [LON:ECEL] Eurocell Plc share price was 0p at 190p Story provided by StockMarketWire.com Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. ....