ADES International Holding Plc Revenue For H1 FY19 Surges by 176%

  • Sep 27, 2019 BST
  • Team Kalkine
  • ADES International Holding Plc (ADES) has announced its results for the six-month period ended 30 June 2019.
  • The revenue of the company surged by 176 per cent to US$219.9 million as compared to US$79.7 million in H1 2018.
  • The EBIDTA of the company stood at US$90 million as compared to US$37.8 million in the same period of FY18.
  • The net profit of the company was US$11.0 million, down by 39.6 per cent as compared to US$18.2 million in the H1 FY18.
  • On 27th September 2019, at the time of writing, GMT 13:15 PM, ADES shares were trading at GBX 13.20, up by 0.30 points or 2.33 per cent against the previous day closing price.

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