Altitude Group PLC Interim results update (3004I)
December 11 2020 - 1:00AM
UK Regulatory
TIDMALT
RNS Number : 3004I
Altitude Group PLC
11 December 2020
11 December 2020
Altitude Group plc
Interim results update
Altitude Group plc ("Altitude" or "the Company"), the operator
of a leading marketplace for personalised products, provides an
update on its interim results for the 6 month-period ended 30
September 2020.
The promotional products industry continues to experience
COVID-19 related disruption, which has resulted in extended cash
collection timescales and extended payment terms for customers. The
Group only recognises certain revenues when cash has been received
or the Group has received confirmation of the value of the
underlying transactions, which form the basis of charging for the
services provided.
In order to present the most accurate view of the Group's
financial performance and position as at 30 September 2020 the
Board has concluded it is in shareholder's interests to delay the
publication of its interim results in accordance with the
'Coronavirus - Temporary measures for publication of half-yearly
reports' provisions. The Company will publish its interim results
before the end of January 2021.
Enquiries:
Altitude Group plc Via Instinctif - 020 7457
Nichole Stella, Chief Executive 2020
Officer
Graeme Couturier, Chief Financial
Officer
Keith Edelman, Non-Executive Chairman
finnCap ltd
Jonny Franklin-Adams (Corporate
Finance)
Charlie Beeson (Corporate Finance)
Richard Chambers (ECM) 020 7220 0500
Instinctif Partners (Financial
PR)
Matthew Smallwood
Chantal Woolcock 020 7457 2020
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