Van Elle trades 'slightly ahead' of mid-case scenario
Van Elle Holdings
37.00p
16:55 27/12/24
0.00%
0.00p
Ground engineering contractor Van Elle Holdings said on Monday that it has continued to trade "slightly ahead" of the mid-case scenario outlined at the time of its equity fundraising in April.
FTSE AIM All-Share
715.19
17:00 27/12/24
n/a
n/a
Van Elle highlighted that group liquidity remained "strong", with a cash position of roughly £10m as of 24 July after having paid £2m of deferred PAYE payments to HM Revenue and Customs.
The AIM-listed group also said it would announce its preliminary results for the year ended 30 April on 20 August, when it will also provide an update on the first quarter's trading.
As of 0945 BST, Van Elle shares were down 2.86% at 30.60p.