Koovs plc Announces Sales Results for the First Half of Fiscal 2018; Provides Sales Guidance for the Second Half and Earnings Guidance for the Full Year of Fiscal 2018
The company now expects second half gross sales to be down due to the cash conservation plan.
Full year of fiscal 2018, sales are expected to be £14.5 million. EBITDA is expected to improve to a loss of £14.4 million, whilst the company's trading margin has continued to increase to 11%.