Financial Services Company Is Improving

Summary


Midlands customer management and financial services company Focus Solutions has reported a 90 per cent reduction in pretax losses to pounds 382,000 in the year to March from a loss of pounds 3.8 million a year earlier.

Turnover for the year fell 18 per cent to pounds 5.4 million due to a change in the sales mix. Within this, goal:technology licence and related services revenue was up 30 per cent to pounds 3.7 million from pounds 2.8 million.

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Extract


Financial Services Company Is Improving

The group said yesterday that it had cut its loss per share to 1p from 13.4p.

But it has no plans to pay a dividend...

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