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Ten Lifestyle books first-half loss as expenses offset rising sales

Wednesday, 15th May 2019
Travel company for wealth individuals Ten Lifestyle Group posted a first-half loss, as expenses more than offset rising revenue.

Pre-tax losses for the six months through February amounted to £4.8m, in line with the £4.8m loss booked in the previous corresponding period.

Revenue rose 25% to £21.5m.

'Trading since the end of the period is on track to deliver further growth and is expected to be in line with market expectations for the full year, the company said.

At 9:55am: (LON:TENG) Ten Lifestyle Group Plc share price was +3p at 65.75p

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