Directa Plus PLC said that it expects to underperform against market expectations as it posted a larger interim loss, citing shorter term headwinds and an extended timeline for the award of a substantial tender for its subsidiary Setcar, which deals with the decontamination of industrial plants and environmental services.
The Company said pretax loss widened to €2.5 million in the first half of 2024, from €1.9 million a year ago. Revenue fell 26% to €3.4 million from €4.6 million. Employee benefit expenses increased to €2.3 million from €2.2 million. Costs for raw materials and consumables decreased to €1.5 million from €2.2 million.
Directa Plus PLC said that it expects to underperform against market expectations as it posted a larger interim loss, citing shorter term headwinds and an extended timeline for the award of a substantial tender for its subsidiary Setcar, which deals with the decontamination of industrial plants and environmental services.
The Company said pretax loss widened to €2.5 million in the first half of 2024, from €1.9 million a year ago. Revenue fell 26% to €3.4 million from €4.6 million. Employee benefit expenses increased to €2.3 million from €2.2 million. Costs for raw materials and consumables decreased to €1.5 million from €2.2 million.
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