LiDCO Group plc Announces Trading Results for the Year Ended January 31, 2014; Provides Earnings Guidance for the Fiscal 2014
The company expects pre-tax profits to be in line with market expectations, compared to a loss of £0.26 million in the previous year. The company was significantly cash generative during the year and net cash increased to £2.37 million against £2.06 million a year ago, despite debt repayments of £180,000 made during the year.