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Argentex co-CEO reports significant increase in underlying earnings in first year as listed company

Argentex Group PLC's (LON:AGFX) co-CEO Carl Jani tells Proactive London's Andrew Scott they saw a significant increase in underlying earnings in its first year as a listed company. Profit before tax in the year to the end of March 2020, shot up to £10.2mln from £2.1mln the previous year on revenue that rose to £29.0mln from £21.9mln the year before as foreign exchange passing through the Argentex system topped £12bn – up 32.3% year-on-year.

Quick facts: Argentex

Price: 126 GBX

AIM:AGFX
Market: AIM
Market Cap: £142.64 m
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Argentex LLP says trading update shows fundamentals remain strong as 'debt...

Argentex Group PLC's (LON:AGF) Harry Adams talks to Proactive London's Katie Pilbeam about the impact coronavirus (COVID-19) had on the business but says fundamentals remain as the company is still 'debt free and cash rich'. In a trading update, the company said revenues for the six-months to...

on 13/10/20

2 min read