StockMarketWire.com - IT equipment distributor Northamber booked a first-half loss, pinned on Brexit uncertainty hurting sales.
Pre-tax losses for the six months through December amounted to £353k, compared to losses of £201k on-year. Revenue fell 23% to £24.2m.
The company declared an interim dividend of 0.1p per share.
'Having reported a strong and encouraging performance for the full year to June 2018, it is disappointing to report that the commercial sector upon which our B2B offering is focussed has been negatively impacted by the widespread Brexit malaise hanging over us all,' chairman David Phillips said.
'As regards the current underlying trading position, the state of the economy at large, the extremely and damaging fluid Brexit scenario, and the associated effects on our own sector offers, offer no greater incentive for optimism now than they have in the past.'
'Our continued focus on the new higher margin value categories continues to be an area we are confident and excited about, and where we see our future opportunities.'
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