Intercede Group Plc reports a 5% increase in H1FY20 revenue

  • Nov 25, 2019 GMT
  • Team Kalkine
  • Intercede Group Plc (LON: IGP) has released the interim results for the six months ended 30 September 2019.
  • Company’s revenue reflected a strong end to the half with orders from both new and existing customers and improved by 5 per cent to £4.4 million as compared to £4.2 million in the same period of 2018.
  • Operating expenses of the company reduced by 9 per cent and reflected the staff cost savings and continued tight control of overheads and stood at to £4.3million in the reported period as compared to £4.8 million in 2018.
  • Profit for the period was of £0.2 million as compared to a profit of £0.1million in the first half of 2018.

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