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Filta Grp Hldgs PLC O10P (FLTA)

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15-Sep-2020 08:07 AM

Filta suspends dividend after swinging to loss in H1

Commercial kitchen services provider Filta swung to a first-half loss and said it would suspend dividends until visibility of the pace and scale of any market recovery had improved. For the six months ended 30 June 2020, the company reported a pre-tax lo
05-Nov-2019 09:03 AM

Filta warns on profit as measures to improve efficiency taking longer than expected

Kitchen services provider Filta warned on profit as a delay to implement measures to improve efficiency and higher costs kept a lid on growth in the second half of the year. The company said it expected its adjusted earnings for the second half of 2019
12-Jun-2019 09:55 AM

Filta expects performance to meet expectations amid progress on Filta, Watbio integration

Filta Group said it expected revenue and profits would be 'skewed slightly' more than usual towards the second half, and that full-year performance would be in line with market expectations amid progress on integrating Filta and Watbio. The c
15-Apr-2019 09:33 AM

Filta Group reported profits up slightly as revenues jumps 23%

Filta Group reported a slight increase in reported profit before tax as revenues grew by more than a fifth. For the year ended 31 December 2018, profit before tax grew to £1.7m from £1.6m and revenue was up 23% to £14.2m., Adjusted
14-Feb-2019 10:29 AM

Filta hails 'significant' progress amid encouraging start in Europe, strength in North America

Fryer management provider Filta Group on Thursday said 2018 marked a year of 'significant' of progress helped by booming business in North America and an encouraging start to trading in Europe. The group said it expected to report revenue for 2
04-Sep-2018 09:18 AM

Filta Group profits rise amid sale of lower margin business, acquisitions

Fryer management group Filta said Tuesday first-half profits and revenues rose double digits following the sale of its lower margin refrigeration business and the contribution from the drains and grease management segment. For the six months to 30 June,
05-Jun-2018 09:02 AM

Filta reports 'strong' progress year-to-date as earnings ahead of prior year

Fryer management and other services provider Filta reported 'strong' progress in the year to date as earnings were ahead of the prior year's, despite the adverse impact of a weaker US dollar on revenues. Earnings (EBITDA) for the year to
17-Apr-2018 09:45 AM

Filta earnings, revenue jump amid strong fryer management growth

Filta reported Tuesday adjusted earnings rose 67% to £2.2m in the year to the end of December from £1.3m, while total revenue increased 34% to £13.5m in the year to the end of December. Recurring revenue from the firm's Fryer Mana
07-Feb-2018 09:12 AM

Filta Group Holdings revenue grows, gross margin falls in 2017

Filta Group Holdings reported revenue in excess of £13.25m, up over 30% on the prior year, but gross margin fell amid a change in revenue mix, while US deferred revenue rose despite a weaker dollar. The increase in revenue for the full year underp
04-Jan-2018 01:28 PM

Filta sells refrigeration business

Filta Group has confirmed the sale of its non-core refrigeration and HVAC maintenance and repair business, Filta Refrigeration, to Scotia Cooling Solutions for up to £125,000. Filta CEO Jason Sayers commented: "Our core business strategy is to
07-Sep-2017 07:44 AM

Filta underlying operating profit up 62%

Underlying operating profits at Filta - a provider of fryer management and other services to commercial kitchens - rose by 62% to £1.0m in the six months to the end of June. Revenues increased 39% to £6.6m and gross profit margins improved to
07-Aug-2017 08:00 AM

Filta revenues up 38%

Filta's revenues rose by 38% in the six months to the end of June with each of its primary operating segments experiencing double-digit growth. A trading update said: "We have seen strong performance in both the US and in the UK, with US growth
08-May-2017 02:24 PM

Filta confirms divi, schedules AGM

Filta Group has announced that its maiden first interim dividend for 2017, in lieu of a dividend for 2016, will be 0.19p. The dividend will be paid on 31 May 2017 to shareholders on the register on 19 May 2017. The shares will become ex-dividend on 18 Ma
 
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