Pebble Group Plc (The) (LON: PEBB) has released its results for the half-year ended 30 June 2020.
- The company took a prompt action in response to the impact of COVID-19 lockdown, though the revenue for the period declined to £33.6 million as compared to £48.1 million in the H1 2019.
- Gross profit for the first half reduced to £13.6 million as compared to £17.4 million in the same period last year.
- The balance sheet of the company remains strong and financial liquidity position continues to be robust. The company was having cash balances of £9.2million as at 14 September 2020.
- On 16 September 2020, at the time of writing, GMT 14:34 PM, PEBB shares were trading at GBX 87.50, down by 5.00 points or 5.41% against the previous day closing price.
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