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NetScientific says results mark 'end of turnaround period, which has been successful'

NetScientific says results mark 'end of turnaround period, which has been successful'

NetScientific PLC (AIM:NSCI, FRA:NTK1) (AIM:NSCI, FRA:NTK1) chief executive, Dr Ilian Iliev joins Proactive to discuss their interim results results and statement.

The results for the six months ended June 30 showed the loss for the period was almost £1.5mln, reflecting the investments in team and infrastructure to increase capacity and drive growth.

Iliev says the half-year results show the transformation in NetScientific's operational and portfolio performance. And going forward the group is well-positioned to grow and deliver shareholder value through its proactive and hands-on management approach and capital-light investment model.