Northamber Plc reports lower turnover of £50.3 million for FY19

  • Nov 14, 2019 GMT
  • Team Kalkine
  • Northamber Plc (NAR) has released the preliminary results for the year ended 30 June 2019.
  • The company reported a disappointing number for the year with a turnover of £50.3 million against £58.1 million for the previous year.
  • The company though had a very strong balance sheet with a net current assets ratio of 2.2 compared with 2.4 in the previous year.
  • The company’s and cash on hand was of £3.4 million as compared with £5.1 million in the previous year.
  • The company also reported that it is still incurring legal costs for the legal case it brought against the supplier for contract breach.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK