Built Cybernetics - Trading Update
Summary
Built Cybernetics plc has released a Year End Trading Update, indicating that total revenues are expected to surpass the previous year, with a strong performance from the Architecture division offsetting a weaker final two months in the Smart Buildings division. The Board anticipates a small loss in the second half of the year, subject to audit. Additionally, the company plans to dispose of its loss making A+K subsidiary. Positive uptake of its Convertible Loan Note has provided valuable liquidity. Investor questions are welcome through our investor hub.
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