Interim Results to 30 June 2007
07/09/2007
Interim Results for the six months ended 30 June 2007
Evolutec Group plc (AIM: EVC) announces Interim Results for the six months ended 30 June 2007.
The document is also published in full on the Company’s web site on the link below:
Evolutec Group plc Interim Report June 2007
Highlights
- Cash and held to maturity investments of £6.2 million at 30 June 2007 (31 December 2006: £8.7 million)
- Loss for the period was £2.1 million (Year to 31 December 2006 : £11.8 million)
- Evolutec is now an investment company under AIM rules
- Cost base of the Company minimised by terminating contracts of all employees
- Reading office closed
- Gordon Hall and Mark Hawtin joined the Board; Mark Carnegie Brown, Nicholas Badman, John Burke and Malcolm Darvell resigned
- The Company is actively seeking a single investment opportunity
Enquiries:
Evolutec : 07771 525 875
David Bloxham, Chairman
www.evolutec.co.uk
Numis Securities: 0207 260 1277
Michael Meade
www.numiscorp.com