Source - Alliance News

SysGroup PLC - Liverpool-based IT services, cybersecurity, and cloud hosting provider - Reports steady performance for the first half of the year ending March 31, but expects to report a revenue drop of 2.7% to £11.0 million from £11.3 million in the corresponding half a year ago. Adjusted earnings before interest, tax, depreciation and amortisation is expected to be 5.9% lower at £1.6 million from £1.7 million a year prior. Appoints Heinrich Koorts of Softcat PLC as chief revenue officer.

Current stock price: 40.00 pence, down 10%

12-month change: up 51%

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