Rosslyn Data Technologies losses narrow as sales rise 8.3%

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Data analytics group Rosslyn Data Technologies posted a narrower full-year loss after it boosted sales.

Pre-tax losses for the year through April amounted to £1.70m, compared to losses of £3.69m on-year.

Revenue rose 8.3% to £7.0m and administrative expenses fell by over 10% to £6.0m.

'Our work in 2019 has laid a solid foundation from which to grow the business further,' chief executive Roger Bullen said.

'We are confident of continued growth as we engage in numerous large client opportunities that we hope to be able to announce later this year.'

At 8:30am: (LON:RDT) Rosslyn Data Technologies Plc Ord Gbp0.005 share price was +0.03p at 7.05p