Capcon Holdings Swings To 1H Loss, Confident For Demand Uplift

18th Jun 2010 07:38

LONDON (Dow Jones)--Capcon Holdings PLC (CPC.LN), an investigations and risk management group, reported Friday a swing into pretax loss for the first half of fiscal 2010, but said it is confident to see an uplift in demand for its services in the medium term. MAIN FACTS: -Revenue for the six months ended March 31 GBP1.5 million (2009: GBP1.2 million) -Pretax loss GBP61,600 (2009: profit GBP34,100) -Diluted loss per share 0.5 pence (2009: EPS 0.3 pence) -Net cash outflow from operations GBP13,600 (2009: inflow GBP242,200) -Net debt GBP1.6 million -Not paying dividend (2009: nil) -Increasing demand for investigation services since the start of the year -Trading in the first half of the year in line with Board's expectations. -Considering new opportunities to develop the Group which can be built upon the existing solid base. -Shares closed Thursday at 3.75 pence, valuing the company at GBP0.45 million. -By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, [email protected] (END) Dow Jones Newswires June 18, 2010 02:38 ET (06:38 GMT)