StockMarketWire.com - Portfolio analysis and asset pricing services provider StatPro Group said its annual losses narrowed after it boosted sales.

Pre-tax losses for the year through December amounted to £1.0m, compared to losses of £3.5m on-year.

Revenuer rose 13% to £54.8m, while adjusted profit rose 49% to £5.0m.

StatPro held its dividend steady at 2.9p per share.

'Our new 2019 divisional structure is already making a difference, releasing considerable entrepreneurial drive across the business,' chief executive Justin Wheatley said.

'We have reduced ongoing costs and focused the business on key targets.'

'We have started the year well.'






Story provided by StockMarketWire.com