System1 Group Plc Profit Likely To Increase By 7% In H1FY20

  • Oct 14, 2019 BST
  • Team Kalkine
  • System1 Group Plc (SYS1) has issued its trading update for the six months to end-September 2019.
  • The company has reported that the gross profit for the half-year is expected to improve by over 7 per cent as compared to 2018/19 period
  • On constant exchange rates, the growth is likely to be 4 per cent as compared to the same period of last year.
  • Getting benefit from the company’s ongoing drive to increase efficiency across the business, the operating costs were well controlled during the reported period.
  • On 14th October 2019, at the time of writing, GMT 08:04 AM, SYS1 shares were trading at GBX 192.00, up by 10.00 points or 5.50% against the previous day closing price.

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