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Journeo makes positive start to new year after swinging to profit 2020
StockMarketWire.com
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Transport technical services group Journeo said it had made positive start to the new year after swinging to a profit in 2020 on stronger sales.
For the year ended 31 December 2020, pre-tax profit was £0.2 compared with a loss of £0.9 million as revenue increased 19% to £13.6 million.
'2021 has started encouragingly, with purchase orders and contract awards valued at £4.2m announced during Q1. There is also a rising level of enquiries and sales opportunities in our order pipeline, which is now predominantly based upon our own IP, technologies, and software,' the company said.
At 9:08am: (LON:JNEO) share price was 0p at 49.5p
Story provided by StockMarketWire.com
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