News blog
600 Group
- BY: Andrew Hore |
- POSTED: 02/01/2013 |
Machine tools and laser marking equipment supplier 600 Group is selling its Heckmondwike site for £1.1m.
The machine tools and precision engineering operations will stay on the site in refurbished facilities.
Net debt was £6.9m at the end of September 2012, helped by a £1.47m share placing and disposals. Headroom on the bank facilities was £2m at the end of September 2012. Since then 600 Group has sold a former playing field in Batley for £390,000.
At 14.25p a share, 600 Group is valued at £12m.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFDecember2012_39.pdf
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