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Haydale says its FY2018 revenues will be 15-20% higher than FY2017, lower than what it expected earlier

Wednesday, June 13, 2018 3:45
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Haydale logoHaydale announced that the company’s revenues for FY2018 (which will end on June 2018) are expected to be around 15-20% higher the revenues generated in FY2017 (£3.0 million). This excludes grant income of around £0.85 million in FY2018.

This is lower than what the company expected earlier, and the company’s loss will be about the same as in FY2017. At the end of May 2018, Haydale had £5.6 million in cash and equivalents.


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