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Benchmark Holdings 'in a strong cash position' and focused on servicing its customers

Benchmark Holdings PLC's (LON:BMK) chairman Peter George and CFO Septima Maguire talk Proactive London's Andrew Scott through the measures they've put in place to deal with the uncertainty and disruption around the recent virus outbreak.

Having raised £42mln through a share placing and open offer in February, the group has a strong liquidity position with around £63.6mln in cash and undrawn facilities as at the end of March.

Trading in its Genetics division has not been materially affected by the current crisis but it's bracing itself for an impact on its Advanced Nutrition business as a result of reduced consumption leading to lower levels of production and disruption to logistics.

Quick facts: Benchmark Holdings PLC

Price: 61 GBX

AIM:BMK
Market: AIM
Market Cap: £407.72 m
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on 4/12/20

2 min read