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Touchstar PLC - Manchester-based supplier of mobile data computing services - Records revenue growth of 6.9% to £3.1 million from £2.9 million in the first half of 2022. Recurring revenue rises 18% to £1.3 million from £1.1 million. Says it recorded ‘substantially higher’ profit in the period. Order book grows 75% to £1.1 million from £600,000. Attributes performance to positive trends in trading and customer activity that continued throughout the period. Remains focused on delivering full-year results ‘at least’ in line with market expectations.
Current stock price: 85.00 pence, up 11% on Tuesday
12-month change: up 13%
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