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Coronavirus impact: 22 Sept - a mixture of caution and excellence

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Despite the lockdown restrictions there were plenty of positives from our resilient small caps with a bicycle business probably the pick of the bunch


Inspecs: sales slump over a very tough period

Inspecs Group (LON:SPEC), the global eyewear design house and manufacturer, which arrived on AIM in February , issued predictably awful interim results for the six months ending 30 June 2020.

Revenue tumbled 45% to $16.7m and the Group fell into a pre-tax loss of $8.3m compared to the comparable period’s profit of $5.1m.

Cash flow was more positive with a net operating cash outflow of $2.5m leaving period end…

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