Sportech calling on 'war-room effort' in face of coronavirus outbreak
Betting technology operator Sportech is on a war footing according to chief executive Richard McGuire, as the coronavirus outbreak has brought a sudden halt to the progress the company had been making.
McGuire was speaking as the London-listed Sportech unveiled its results for 2019, showing a return to growth in revenues, which were up two per cent to £64.8 million.
Adjusted Ebitda (earnings before interest taxation, depreciation and amortisation) fell by five per cent to £9.3m last year, while adjusted profit before tax from continuing operations halved to £1m.
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Published on 23 March 2020inFeatures
Last updated 12:55, 23 March 2020
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