Camellia PLC (CAM.L) reported profit before tax of 3.8 million pounds for the year ended 31 December 2023 compared to a loss of 4.3 million pounds, last year. Loss per share from continuing operations was 134.0 pence compared to a loss of 767.6 pence. Adjusted loss before tax was 9.3 million pounds compared to profit of 4.0 million pounds. Revenue from continuing operations decreased 8% to 272.3 million pounds from 297.2 million pounds.
The Group said the outlook for 2024 remains challenging, however revenues are expected to be above 2023 but with a significantly higher adjusted loss before tax.
The Board is not recommending a final dividend for the year due to the financial performance in 2023 and the uncertain outlook for 2024.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback: editorial@rttnews.com