Spaceandpeople (GB:SAL) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
SpaceandPeople PLC, a company specializing in the sale of promotional and retail merchandising space, has reported a significant improvement in its financial performance for the first half of 2024. Group revenue has surged by 35% to £2,929k, with gross profit up by 41%, and the company has successfully reduced its net loss after tax by 47%. Operational strides include strong sales in the UK, expansion of their kiosk presence in Germany, and securing long-term contracts with Network Rail and Southeastern Trains.
For further insights into GB:SAL stock, check out TipRanks’ Stock Analysis page.