Bosses at the company said they hoped a string of cost cutting initiatives would help unlock "at least" £30m annually in 2024. However, the company revenue has dived 17 per cent in the past six months to £546m.
The
"We've now closed the loss making and cash consumptive parts of our operations meaning the remaining
The reassurance yesterday drove shares up 15 per cent, though they are down more than 40 per cent this year.
(c) 2022 City A.M., source