Netb2b2 making progress towards profitability
- Added:
- Jun 28, 2002
Netb2b2, the AIM-listed digital services group, has reported "significant progress" since undertaking a board reshuffle earlier this year. In a trading statement released this morning, the company claimed to have reached monthly positive operating free cashflow after central overhead and capital expenditure since March, according to its unaudited management accounts. The statement added: "This reflects a pleasing improvement with past performance." The move follows the appointment of Andrew Gannon, previously a board member at Hewlett Packard, as the group's MD in May.
"www.netb2b2.com ":http://www.netb2b2.com
