Optivo Finance Plc (LON: 20SY) has released its trading update for the six months to 30 September 2020.

  • The company fully adjusted Housing operations, repairs & maintenance to new ways of working during the first half of the year and in the second half will be fine-tuning business model for the future.
  • The total turnover of the company declined to £154 million from £162 million reported in H1 2019-20.
  • Operating surplus improved modestly to £54 million as compared to £50million in the same period last year.
  • The operating margin of the company was boosted by significant decline in net maintenance spend on the budget.

 

 


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