Gamma Communications (GB:GAMA) has released an update.
Gamma Communications PLC has reported a strong start to 2024, with robust performance in the UK and significant cash generation, underpinned by recent strategic acquisitions. Despite the European business facing slower growth due to economic challenges and foreign exchange impacts, the company’s net cash position has improved year-on-year. The company’s board anticipates full-year financial results to align with market expectations and will provide further updates in the September interim report.
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