Phoenix Spree Deutschland Ord (PSDL.L), an investment company, Friday announced its results for the six months ended 30 June, 2025.
Loss after taxation amounted to 6.8 million euros compared to a loss of 20.1 million euros in the previous year.
The UK-based company's loss narrowed mainly due to reduced operating loss, which stood at 153 thousand euros versus last year's 20.8 million euros.
Loss before taxation was 7 million euros compared to a loss of 24.1 million euros last year.
Revenue declined to 11 million from 14.2 million in the prior year.
Currently, Phoenix's stock is trading at 163.50 pence on the London Stock Exchange.
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