Motus lowers revenue guidance for year to end-June
19 June 2019 - 10:05
Motus Holdings, the automotive group that Imperial Holdings unbundled on to the JSE in late 2018, says while it previously expected to grow revenue in the year to end-June, sales will probably be flat because of the tough operating environment.
The company said in an update to shareholders on Wednesday it expected to “maintain revenue” in the year, with “challenging economic trading conditions” expected to remain over the medium term in all its markets...
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