SGM
30 September 2010
SIGMA CAPITAL GROUP PLC
(“Sigma”, “the Group” or “the Company”)
Unaudited half year results to 30 June 2010
KEY POINTS
- Good progress in establishing foundations for future growth
- Revenue from services of £0.9m (2009: 6 months £1.3m; full year £2.4m)
- Trading loss before tax £0.4m (2009: 6 months £0.1m; full year £0.2m)
- Loss before tax of £1.1m (2009: 6 months profit before tax £1.5m; full year profit before tax £0.9m)
- Loss per share of 2.24p (2009: 6 months EPS of 4.77p; full year EPS of 3.68p)
- Net assets per share as at 30 June 2010 of 17.0p (30 June 2009: 20.3p; 31 December 2009:19.3p)
- Unencumbered cash balances as at 30 June 2010 of £2.0m (30 June 2009: £3.2m; 31 December 2009: £2.4m)
- Maiden dividend declared of 0.2p per share
David Sigsworth, Chairman, commented:
“So far, 2010 has been a difficult year set against very uncertain economic conditions. The two key sectors we operate in, venture capital and property investment management, are currently characterised by opportunity but there are also challenges. To date in 2010, we have spent significant time and resource on moving ahead to deliver the opportunities we see whilst also managing the challenges. We feel that we have laid the foundations for greater stability and future growth.”
Enquiries
Sigma Capital Group plc
Graham Barnet, Chief Executive
Marilyn Cole, Finance Director
T: 020 7448 1000 (today)
T: 0131 220 9444
Biddicks
Katie Tzouliadis/ Sophie Lane
T: 020 7448 1000
Arbuthnot Securities
Tom Griffiths/ Neil Kirton
T: 020 7012 2000
Company website: www.sigmacapital.co.uk
Unaudited Half Year Results to 30 June 2010