Pebble Group Plc reports lower revenue of £33.6 million for H1 2020

  • Sep 16, 2020 BST
  • Team Kalkine

 

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.

 

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!

 


Disclaimer
The website https://kalkinemedia.com/uk is a service of Kalkine Media Ltd, Company Number 12643132. The article has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform.

 

   
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