Malvern International plc Provides Earnings Guidance for the Second Half and Financial Year Ended December 31, 2017
January 08, 2018 at 02:00 am EST
Malvern International plc provided earnings guidance for the second half and financial year ended December 31, 2017. For the second half, the company's turnover is expected to be more than £2.4 million, up over 25% on the equivalent period last year. The losses are expected to be reduced to £0.2 million.
For the full year, the turnover is expected to be slightly higher than 2016 at around £4 million, with significant reduction in losses before tax to approximately £0.6 million.