Source - SMW
Geospatial data management group 1Spatial said it narrowed losses in the first half after revenue grew.

Net losses for the six months through July amounted to £0.6m, compared to losses of £1.6m on-year.

Revenues rose 23% to £5.9m and the company said it expected revenue in the second half to be higher than the first due to recent contract wins.

'This has been a strong half for 1Spatial with clear financial progress and we have carried this momentum forward into the second half,' chief executive Claire Milverton said.

'Looking ahead, 1Spatial is well placed to continue to deliver against its strategy and we are confident about the business' prospects for the full year and into the future.'

At 9:39am: (LON:SPA) 1Spatial PLC share price was +1.5p at 40.5p