We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Enteq Technologies Plc | LSE:NTQ | London | Ordinary Share | GB00B41Q8Q68 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 9.00 | 8.50 | 9.50 | 9.00 | 9.00 | 9.00 | 1 | 08:00:10 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Oil & Gas Field Machy, Equip | 6.25M | -2.8M | -0.0397 | -2.27 | 6.36M |
From Apr 2019 to Apr 2024
TIDMNTQ
RNS Number : 4563H
Enteq Upstream PLC
15 November 2018
Further to the announcement of earlier today (RNS Number: 3936H), the Directors would like to correct the Loss before tax for the six months to 30 September 2018. The corrected figure for Loss before tax is $351,000 and the Condensed Consolidated Income Statement for the six months to 30 September 2018 has been amended to reflect the correction.
The full corrected announcement reads as follows:
Enteq Upstream plc
Interim results for the six months ended 30 September 2018
AIM traded Enteq Upstream plc ("Enteq", the "Company" or the "Group"), the Oil & Gas drilling technology company, today announces its interim results for the six months ended 30 September 2018.
Key Features
-- Stable commodity prices and activity in USA with international opportunities beginning to materialise.
-- Revenue showing steady improvement. -- Progressive growth in adjusted EBITDA.
-- Investment in technology and the rental fleet of MWD systems; cash balance US$ 11.8m (US$ 15.3m in September 2017).
Financial Metrics
Hot Features
Premium
Six months to:
30 Sept 2018 30 Sept 2017
US$m US$m
* Revenue 4.2 2.5
0.6 -
* Consolidated adjusted EBITDA(1)
* Loss before tax 0.4 0.3
* Adjusted loss per share (cents)(2) 0.4 0.6
* Cash 11.8 15.3
Outlook
-- Core market of North American land drilling expected to remain near current levels. -- Further international growth prospects. -- Technology partnerships will increase available market. -- Current engineering projects will broaden product offering. -- Current market conditions give stable platform for growth.
Martin Perry, CEO of Enteq Upstream plc, commented:
"Enteq has returned to progressive growth in adjusted EBITDA and investments are being made from existing cash reserves into both new technology and strategic opportunities. Management believe that the returns from these investments will both broaden the market that can be addressed by Enteq and increase market share. Outside North America management continue to pursue opportunities which could be significant in scale. Providing the oil price remains at a level to sustain investment in the drilling sector, Enteq is confident of continuing growth."
For further information, please contact:
Enteq Upstream plc +44 (0) 1494 618739
Martin Perry, Chief Executive Officer
David Steel, Finance Director
Investec Bank plc (Nomad and Broker) +44 (0) 20 7597 5970
Chris Treneman, Patrick Robb, David Anderson
(1) Adjusted EBITDA is reported profit before tax adjusted for interest, depreciation, amortisation, foreign exchange movements, performance share plan charges and exceptional items.
(2) Adjusted earnings per share is reported profit per share adjusted for foreign exchange movements, amortisation, performance share plan charges and exceptional items.
Interim Report
CHAIRMAN & CHIEF EXECUTIVE OFFICER'S REPORT
Market Update
Enteq Upstream supplies Measurement While Drilling (MWD) equipment to drilling companies in the oil, gas and geothermal industries. The equipment enables the well-bore to be accurately positioned and assists in optimising the efficiency of drilling and production operations.
During the six-month reporting period ending 30 September 2018, the price of West Texas Intermediate Crude oil ("WTI") averaged around US$70 per barrel (closing the period at US$73). The North American rig count remained
broadly constant at around 1,050 rigs. This led to a more stable market for Enteq products.
Enteq gained a number of new customers in North America primarily through the growth in the number of rental Measurement While Drilling systems deployed, rising from 14 rental kits at the end of March 2018 to 24 kits at 30 September 2018. This business model both secures long term market share and also ensures that Enteq becomes the standard supplier for all the components required within the total MWD system.
First shipments have been made to customers in both the Far East and Europe for geothermal drilling, opening up potential new markets where the reliability of the Enteq equipment is being recognised. Operations continue in Saudi Arabia, where the initial technical qualification with Aramco has been completed with continuing sales to China, Russia and into the Middle East region.
Key Features
-- Stable commodity prices and activity in USA with international opportunities beginning to materialise.
-- Revenue showing steady improvement. -- Progressive growth in adjusted EBITDA.
-- Investment in technology and the rental fleet of MWD systems; cash balance US$ 11.8m (US$ 15.3m in September 2017).
Operations
All the core engineering, manufacturing and distribution functions are now operated from the Enteq owned facility in South Houston.
At the end of September 2018, Enteq employed a total of 35 staff, compared with 33 at end of March 2018, but still significantly below the approximately 120 staff in 2014. The reduction since 2014 has been achieved, and maintained, through out-sourcing of the lower margin manufacturing as well as efficiency gains through re-organisation suitable to a business in the current market conditions.
Customer demonstrations have been held and initial trials are under way for the new 'At-Bit' technology which is now commercially released; a result of a collaboration with Houston based firm Well Resolutions Technology.
The 'Geowells' project, with sponsorship from the UK government in collaboration with Chinese research organisations and Imperial College in London, continues to progress according to plan. Engineering resources based in the UK have been added to the team to assist with this and other Enteq engineering.
Patent applications have now been published for a differentiated method of connection and communication in the down-hole environment.
Outlook
-- Core market of North American land drilling expected to remain near current levels. -- Further international growth prospects. -- Technology partnerships will increase available market. -- Current engineering projects will broaden product offering. -- Current market conditions give stable platform for growth.
Overview of results
The first half revenue of US$4.2m represented a rise of 66% over the US$2.5m for the first half of last year and 5% over the second half of last year. This reflects the stability seen in both the price of WTI oil (rising from US$52 per barrel in September 2017 to US$73 at the end of September 2018) and the number of drilling rigs active in North America (a gentler rise from around 950 in September 2017 to around 1,050 in September 2018). This stability has enabled our customers (the drilling services companies) to be more confident for the demand in their services and, hence, order more of our equipment.
The North American market continues to be Enteq's most important geographical market, representing 90% of the first half revenue (September 2017: 97%).
The equipment rental market revenue continues to show good growth, up from US$0.7m in the second half of last year to US$1.6m in this reporting period (US$0.3m in the second half of last year). This reflects the increased investment in the rental fleet, up from a net book value of US$ 2.2m at the end of last year, to US$3.0m as at 30 September 2018 (US$0.8m as at 30 September 2017).
The gross margin of 62% earned in the first half of this year was marginally down on the 65% achieved in the second half of last year and down on the 70% for the six months to 30 September 2017. Both reductions were due to a lower proportion of sales coming from the higher margin electronic component business, countered, to some extent, by a higher proportion of rental income.
In the six months to 30 September 2018 the reported administrative expenses before amortisation, less depreciation and long-term incentive scheme charges were US$ 2.0m. This is a US$ 0.4m decrease over the second half of last year. This decrease is primarily due to bringing the electronic component manufacturing to the Enteq owned Houston site and closing the leased facility in California from mid-March 2018. In addition, there was the timing impact of receiving the UK government grant relating to the geothermal drilling equipment project. The overhead increase compared to the first half of the year ended 31 March 2018 (US$ 1.7m) is primarily due to the additional headcount (plus associated costs) required to service the increasing revenue during the year to 30 September 2018.
The adjusted EBITDA profit in the period of US$0.6m shows a progression from the September 2017 breakeven and the US$0.2m profit in the second half of the year ended 31 March 2018. A reconciliation between the reported loss and the adjusted EBITDA is shown in note 5 to the Financial Statements.
Cash balance and cashflow
As at 30 September 2018 the Group had a cash balance of US$11.8m, down US$3.7m over the figure as at 31 March 2018. The half year cash movement can be analysed as follows:
US$m
Adjusted EBITDA 0.6
Increase in trade & other receivables (0.9)
Increase in inventory* (0.7)
Other changes in operational working
capital (0.2)
Operational cashflow (1.2)
Increase in the rental fleet (1.9)
R&D expenditure (0.5)
Capex (0.2)
Interest received 0.1
--------------------------------------- ----------
Net cash movement (3.7)
Cash balances as at 1 April 2018 15.5
--------------------------------------- ----------
Cash balances as at 30 September 2018 11.8
======================================= ==========
* The increase in inventory includes US$0.4m of equipment relating to a collaborative development of a seamless "At-Bit" solution which is now commercially available.
Prospects
Enteq has returned to progressive growth in adjusted EBITDA and investments are being made from existing cash reserves into both new technology and strategic opportunities. Management believe that the returns from these investments will both broaden the market that can be addressed by Enteq and increase market share. Outside North America management continue to pursue opportunities which could be significant in scale. Providing the oil price remains at a level to sustain investment in the drilling sector, Enteq is confident of continuing growth.
Martin Perry Iain Paterson Chief Executive Chairman
Enteq Upstream plc
15 November 2018
Enteq Upstream plc
Condensed Consolidated Income Statement
Six months Six months Year to
to 30 to 30 31 March
September September 2018
2018 2017
Unaudited Unaudited Audited
Notes US$ 000's US$ 000's US$ 000's
Revenue 4,152 2,506 6,460
Cost of Sales (1,581) (754) (2,141)
Gross Profit 2,571 1,752 4,319
Administrative expenses before
amortisation (2,943) (2,161) (4,994)
Amortisation of acquired intangibles 9b (60) (46) (92)
Other exceptional items (2) 23 (57)
Foreign exchange (loss)/gain
on operating activities (28) 40 48
----------- ----------- ----------
Total Administrative expenses (3,033) (2,144) (5,095)
Operating loss (462) (392) (776)
Finance income 111 77 175
Loss before tax (351) (315) (601)
Tax expense 8 - (3) (3)
Loss for the period 5 (351) (318) (604)
======================================= ====== =========== =========== ==========
Loss attributable to:
Owners of the parent (351) (318) (604)
======================================= ====== =========== =========== ==========
Earnings/loss per share (in
US cents): 7
Basic (0.6) (0.5) (1.0)
Diluted (0.6) (0.5) (1.0)
Adjusted earnings per share
(in US cents): 7
Basic (0.4) (0.6) (0.8)
Diluted (0.4) (0.6) (0.8)
Condensed Consolidated Statement
of Comprehensive Income
Year
Six months Six months to 31
to 30 September to 30 September March
2018 2017 2018
Unaudited Unaudited Audited
US$ 000's US$ 000's US$ 000's
Loss for the period (351) (318) (604)
Other comprehensive income
for the period:
Items that will not be reclassified
subsequently to profit or loss - - -
Items that will be reclassified
subsequently to profit or loss - - -
Total comprehensive income
for the period (351) (318) (604)
----------------------------------------------- ---- ------------------- ------------------- ----------
Total comprehensive income
attributable to:
----------------------------------------------- ---- ------------------- ------------------- ----------
Owners of the parent (351) (318) (604)
----------------------------------------------- ---- ------------------- ------------------- ----------
Enteq Upstream plc
Condensed Statement of Financial
Position
30 September 30 September
2018 2017 31 March 2018
Unaudited Unaudited Audited
Notes US$ 000's US$ 000's US$ 000's
Assets
Non-current
Goodwill 9a - - -
Intangible assets 9b 1,657 890 1,222
Property, plant and
equipment 2,506 2,275 2,384
Rental fleet 2,963 777 2,119
Trade and other receivables 168 - 238
----------------------------- ------ ------------------- -------------------------- -------------------
Non-current assets 7,294 3,942 5,963
----------------------------- ------ ------------------- -------------------------- -------------------
Current
Trade and other receivables 3,043 2,714 2,104
Inventories 3,989 3,358 3,302
Cash and cash equivalents 11,848 15,330 15,501
----------------------------- ------ ------------------- -------------------------- -------------------
Current assets 18,880 21,402 20,907
----------------------------- ------ ------------------- -------------------------- -------------------
Total assets 26,174 25,344 26,870
----------------------------- ------ ------------------- -------------------------- -------------------
Equity and liabilities
Equity
Share capital 10 1,003 978 982
Share premium 99,334 90,953 91,031
Share based payment
reserve 700 943 910
Retained earnings (69,702) (69,065) (69,351)
----------------------------- ------ -------------------
Total equity 23,335 23,809 23,572
----------------------------- ------ ------------------- -------------------------- -------------------
Liabilities
Current
Trade and other payables 2,839 1,535 3,298
----------------------------- ------ ------------------- -------------------------- -------------------
Total equity and
liabilities 26,174 25,344 26,870
----------------------------- ------ ------------------- -------------------------- -------------------
Enteq Upstream plc
Condensed Consolidated Statement of Changes
in Equity
Six months to 30 September 2018
Share
Called
up Profit based
share and loss Share payment Total
capital account premium reserve equity
US$ 000's US$ 000's US$ 000's US$ 000's US$ 000's
Issue of share capital 21 - 303 - 323
Share based payment
charge - - - (206) (206)
---------- ----------
Transactions with owners 21 - 303 (206) 117
------------------------------ ---------- ---------- ---------- ---------- ----------
Loss for the period - (351) - - (351)
Total comprehensive
income - (351) - - (351)
------------------------------ ---------- ---------- ---------- ---------- ----------
Movement in period: 21 (351) 303 (206) (234)
As at 1 April 2018 (audited) 983 (69,352) 91,031 910 23,571
As at 30 September 2018
(unaudited) 1,003 (69,703) 91,334 703 23,338
------------------------------ ---------- ---------- ---------- ---------- ----------
Six months to 30 September 2017
Share
Called
up Profit based
share and loss Share payment Total
capital account premium reserve equity
US$ 000's US$ 000's US$ 000's US$ 000's US$ 000's
Issue of share capital 15 - 235 - 250
Share based payment
charge - - - 137 137
---------- ----------
Transactions with owners 15 - 235 137 387
------------------------------ ---------- ---------- ---------- ---------- ----------
Loss for the period - (318) - - (318)
Total comprehensive
income - (318) - - (318)
------------------------------ ---------- ---------- ---------- ---------- ----------
Movement in period: 15 (318) 235 137 69
As at 1 April 2018 (audited) 963 (68,747) 90,718 806 23,740
As at 30 September 2018
(unaudited) 978 (69,065) 90,953 943 23,809
------------------------------ ---------- ---------- ---------- ---------- ----------
Enteq Upstream plc
Condensed Consolidated Statement
of Cash flows
Six months Six months Year
to to to
30 September 30 September 31 March
2018 2017 2018
Unaudited Unaudited Audited
US$ 000's US$ 000's US$ 000's
Cash flows from operating activities
Loss for the period (351) (318) (604)
Tax charge - 3 3
Net finance income (111) (77) (175)
(Gain)/loss on disposal of fixed
assets (9) (22) (82)
Share-based payment non-cash charges (206) 137 104
Impact of foreign exchange movement 28 (40) (48)
Depreciation and Amortisation charges 1,200 324 853
551 7 51
Interest received 111 81 175
Tax paid - - (1)
(Increase)/decrease in inventory (687) (470) 64
Decrease/(increase) in trade and
other receivables (872) 1,211 1,582
(Decrease)/increase in trade and
other payables (459) (852) 910
Net cash from operating activities (1,356) (23) 2,781
-------------------------------------------- -------------- -------------- ----------
Investing activities
Purchase of tangible fixed assets (192) (2) (236)
Increase in rental fleet assets (1,903) (2,222)
Disposal proceeds of tangible fixed
assets 9 22 133
Purchase of intangible fixed assets (495) (291) (670)
-------------------------------------------- -------------- -------------- ----------
Net cash from investing activities (2,591) (271) (2,995)
-------------------------------------------- -------------- -------------- ----------
Financing activities
Share issue 323 249 332
-------------------------------------------- -------------- -------------- ----------
Net cash from financing activities 323 249 332
-------------------------------------------- -------------- -------------- ----------
Increase/(decrease) in cash and cash
equivalents (3,624) (45) 118
Non-cash movements - foreign exchange (28) 40 48
Cash and cash equivalents at beginning
of period 15,501 15,335 15,335
Cash and cash equivalents at end
of period 11,848 15,330 15,501
-------------------------------------------- -------------- -------------- ----------
ENTEQ UPSTREAM PLC
NOTES TO THE FINANCIAL STATEMENTS
For the six months to 30 September 2018
1. Reporting entity
Enteq Upstream plc ("the Company") is a public limited company incorporated and domiciled in England and Wales (registration number 07590845). The Company's registered address is The Courtyard, High Street, Ascot, Berkshire, SL5 7HP.
The Company's ordinary shares are traded on the AIM market of The London Stock Exchange.
Both the Company and its subsidiaries (together referred to as the "Group") are focused on the provision of specialist products and technologies to the upstream oil and gas services market.
2. General information and basis of preparation
The information for the period ended 30 September 2018 does not constitute statutory accounts as defined in section 434 of the Companies Act 2006. A copy of the statutory accounts for the period ended 31 March 2018 has been delivered to the Registrar of Companies. The auditors reported on those accounts: their report was unqualified, did not draw attention to any matters by way of emphasis and did not contain a statement under section 498(2) or (3) of the Companies Act 2006.
The annual financial statements of the Group are prepared in accordance with IFRS as adopted by the European Union. The condensed set of financial statements included in this half-yearly financial report has been prepared in accordance with International Accounting Standard 34 'Interim Financial Reporting', as adopted by the European Union.
The Group's consolidated interim financial statements are presented in US Dollars (US$), which is also the functional currency of the parent company. These condensed consolidated interim financial statements (the interim financial statements) have been approved for issue by the Board of directors on 14 November 2018.
This half-yearly financial report has not been audited, and has not been formally reviewed by auditors under the Auditing Practices Board guidance in ISRE 2410.
3. Accounting policies
The interim financial statements have been prepared on the basis of the accounting policies and methods of computation applicable for the period ended 31 March 2018. These accounting policies are consistent with those applied in the preparation of the accounts for the period ended 31 March 2018.
4. Estimates
When preparing the interim financial statements, management undertakes a number of judgements, estimates and assumptions about recognition and measurement of assets, liabilities, income and expenses. The actual results may differ from the judgements, estimates and assumptions made by management, and will seldom equal the estimated results. The judgements, estimates and assumptions applied in the interim financial statements, including the key sources of estimation uncertainty were the same as those applied in the Group's last annual financial statements for the year ended 31 March 2018.
5. Adjusted earnings and adjusted EBITDA
The following analysis illustrates the performance of the Group's activities, and reconciles the Group's loss, as shown in the condensed consolidated interim income statement, to adjusted earnings. Adjusted earnings is presented to provide a better indication of overall financial performance and to reflect how the business is managed and measured on a day-today basis. Adjusted earnings before interest, taxation, depreciation and amortisation ("adjusted EBITDA") is also presented as it is a key performance indicator used by management.
Six months Six months
to 30 September to 30 September Year to
2018 2017 31 March
2018
US$ 000's US$ 000's US$ 000's
Unaudited Unaudited Audited
Loss for the period (351) (318) (604)
Other exceptional items 2 (22) 57
Amortisation of acquired intangible
assets 60 46 92
Foreign exchange movements 28 (40) (48)
----------------- ----------------- -----------
Adjusted earnings (261) (334) (503)
Depreciation charge 1,141 277 760
Finance income (111) (77) (175)
PSP charge (162) 146 138
Tax charge - 3 3
Adjusted EBITDA 606 15 223
================= ================= ===========
6. Segmental Reporting
For management purposes, the Group is currently organised into a single business unit, the Drilling Division, which is based, operationally, solely in the USA.
The principal activities of the Drilling Division are the design, manufacture and selling of specialised products and technologies for Directional Drilling and Measurement While Drilling operations used in the energy exploration and services sector of the oil and gas industry.
At present, there is only one operating segment and the information presented to the Board is consistent with the consolidated income statement and the consolidated statement of financial position.
The net assets of the Group by geographic location (post-consolidation adjustments) are as follows:
Net Assets 30 September 30 September
2018 2017 31 March
2018
US$ 000's US$ 000's US$ 000's
Unaudited Unaudited Audited
Europe (UK) 11,330 14,560 13,673
United States 12,205 9,249 9,899
------------- ------------- -----------
Total Net Assets 23,535 23,809 23,572
============= ============= ===========
The net assets in Europe (UK) are represented, primarily, by cash balances denominated in US$.
7. Earnings Per Share
Basic earnings per share
Basic earnings per share is calculated by dividing the loss attributable to ordinary shareholders for the six months of US$350,900 (September 2017: loss of US$317,600) by the weighted average number of ordinary shares in issue during the period of 63,705,000 (September 2017: 61,307,000).
Adjusted earnings per share
Adjusted earnings per share is calculated by dividing the adjusted earnings loss for the six months of US$261,200 (September 2017: loss of US$334,200), by the weighted average number of ordinary shares in issue during the period of 63,705,000 (September 2017: 61,307,000).
The adjusted diluted earnings per share information are considered to provide a fairer representation of the Group's trading performance.
A reconciliation between basic earnings and adjusted earnings is shown in Note 5.
As the Group is loss making, any potential ordinary shares have the effect of being anti-dilutive. Therefore, the diluted EPS is the same as the basic EPS. As the share price, as at 30 September 2018, was below the weighted average option price of all the options issued, the adjusted diluted EPS the same as adjusted EPS.
8. Income Tax
No tax liability arose on ordinary activities for the six months under review.
9. Intangible Fixed Assets
a) Goodwill
US$ 000's
Cost:
As at 30 September 2018 and
1 April 2018 19,619
----------
Impairment:
As at 30 September 2018 and
1 April 2018 (19,619)
----------
Net Book Value:
----------
As at 30 September 2018 and -
1 April 2018
==========
9. Intangible Fixed Assets (cont.)
b) Other Intangible Fixed Assets
Developed IPR&D technology Brand Customer Non- compete
technology names relationships agreements Total
US$ 000's US$ 000's US$ US$ 000's US$ 000's US$ 000's
000's
Cost:
As at 1 April
2018 12,676 8,164 1,240 20,586 5,931 48,597
Transfers
Capitalised in
period - 495 - - - 495
As at 30 September
2018 12,676 8,659 1,240 20,586 5,931 49,092
------------ ----------------- ------- --------------- ------------- ----------
Amortisation:
As at 1 April
2018 12,510 7,108 1,240 20,586 5,931 47,375
Charge for the
period 60 - - - - 60
As at 30 September
2018 12,570 7,108 1,240 20,586 5,931 47,435
------------ ----------------- ------- --------------- ------------- ----------
Net Book Value:
------------ ----------------- ------- --------------- ------------- ----------
As at 1 April
2018 166 1,056 - - - 1,222
============ ================= ======= =============== ============= ==========
As at 30 September
2018 106 1,551 - - - 1,657
============ ================= ======= =============== ============= ==========
The main categories of Intangible Fixed Assets are as follows:
Developed technology:
This is technology which is currently commercialised and embedded within the current product offering.
IPR&D technology:
This is technology which is in the final stages of field testing, has demonstrable commercial value and is expected to be launched within the next 12 months.
Brand names:
The value associated with the XXT trading name used within the Group.
Customer relationships:
The value associated with the on-going trading relationships with the key customers acquired.
Non-compete agreements:
The value associated with the agreements signed by the Vendors of the acquired businesses not to compete in the markets of the businesses acquired.
10. Share capital
Share capital as at 30 September 2018 amounted to US$1,003,000 (31 March 2018: US$982,000 and 30 September 2017: US$978,000).
11. Going concern
The Directors have carried out a review of the Group's financial position and cash flow forecasts for the next 12 months by way of a review of whether the Group satisfies the going concern tests. These have been based on a comprehensive review of revenue, expenditure and cash flows, taking into account specific business risks and the current economic environment. With regards to the Group's financial position, it had cash and cash equivalents at 30 September 2018 of US$11.8 million.
Having taken the above into consideration the Directors have reached a conclusion that the Group is well placed to manage its business risks in the current economic environment. Accordingly, they continue to adopt the going concern basis in preparing the Interim Condensed Financial Statements.
12. Principal risks and uncertainties
Further detail concerning the principal risks affecting the business activities of the Group is detailed on pages 11 and 12 of the Annual Report and Accounts for the period ended 31 March 2018. Consideration has been given to whether there have been any changes to the risks and uncertainties previously reported. None have been identified.
13. Events after the balance sheet date
There have been no material events subsequent to the end of the interim reporting period ended 30 September 2018.
14. Copies of the interim results
Copies of the interim results can be obtained from the Group's registered office at The Courtyard, High Street, Ascot, Berkshire, SL5 7HP and are available from the Group's website at www.enteq.com.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
IR GIBDBCDBBGIU
(END) Dow Jones Newswires
November 15, 2018 03:46 ET (08:46 GMT)
1 Year Enteq Technologies Chart |
1 Month Enteq Technologies Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
