Purplebricks Group Plc releases results for 1H FY 20

  • Dec 12, 2019 GMT
  • Team Kalkine
  • Group revenues grew 12.5% to £8 million compared to the year-ago period
  • Gross margin came in at 61% and was down 130 basis points from the year-ago period
  • Cash on hand at the end of the period was £6 million while loss for the period came in at £14.1 million
  • On 12th December 2019, the stock of PURP was trading at GBX 105.60 at GMT 08:05 AM, up 2 points or 1.93% from its previous close.

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