Flexible Electronics News

Toumaz Limited Half-Year Trading Update

Group has traded in line with expectations of its board

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Toumaz Limited has published a trading update for the half year ended 30 June 2013. The Group has traded in line with the Board’s expectations with revenues at £8.2m and an EBITDA loss of £6.2m. As at June 30, 2013, the cash balance was £8.0m. Progress on the Group’s three major chip developments, in digital radio, connected audio and wireless healthcare, has been good. In each of the Group’s core markets, there have been several encouraging indicators in market developments. Market condit...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters