Pinewood Technologies Group PLC (PINE.L), a provider of retail solutions to the automotive industry, Wednesday reported a loss after tax in its first half, compared to prior year's profit, despite higher revenues.
Looking ahead for fiscal 2025, the company now expects underlying EBITDA to be 15.5 million pounds to 16 million pounds, with the timing change of the Marshall implementation.
Further, the company has introduced medium-term FY28 guidance, expecting underlying EBITDA between 58 million pounds and 62 million pounds.
On the London Stock Exchange, the stock was down 7.66 percent at 488.50 pence.
In the first half, the company reported a loss of 0.7 million pounds, compared to a profit of 5.0 million pounds last year. On a per share basis, loss was 0.7 pence, compared to a profit of 3.8 pence a year ago.
On a pre-tax basis, the company reported a breakeven, compared to 7 million pounds last year.
The company's underlying pre-tax profit increased 10 percent to 4.4 million pounds from 4 million pounds in the prior year.
The underlying EBITDA was 7.9 million pounds,14.5 percent higher than 6.9 million pounds in the previous year.
Revenue increased 21.7 percent to 19.6 million pounds from 16.1 million pounds last year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.