|Master Investor Magazine
Never miss an issue of Master Investor Magazine – sign-up now for free!
AIM-listed specialist training and publishing firm Dods (LON:DODS) saw its share price drop by 4.91% to 8p (as of 9:30 BST) after it booked a £5.7 million loss before tax for the year ended 31st March. Revenues ticked up slightly, but gross margins declined by 400 basis points.
A strategic review of the company is ongoing and it is currently considering an acquisition that management believe could be transformational. Current conditions in the UK market remain challenging, but the board is confident that it will be able to return to profit in the future as it strengthens and diversifies its capabilities.