Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Printing business Grafenia said it expected to report a fall in revenue as the Covid-19 lockdowns during the year weighed on performance, but stressed there was reason for optimism amid a good start to April as the economy opened up.
'This April has started well, as businesses in England begin to pull up the shutters and prepare to re-open,' the company said.
For the year ended 31 March 2021, revenue was expected to fall to £9.5 million from £15.6 million and the net loss to be lower than last year.
Gross profit to be around £5.6 million, down from £8.0 million.
'There's lots of reason to believe our clients will reopen to increased demand. Events will restart. Diners will feast. Drinkers will sip, or gulp,' the company said.
At 8:11am: (LON:GRA) Grafenia share price was 0p at 5p