IN BRIEF: Stanley Gibbons reports strong trading in second half

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Stanley Gibbons Group PLC - Jersey-based rare stamp dealer - Says trading in the second half continued to improve across all areas of the business. Revenue for the year ended March 31 is expected to be $12 million. Philatelic division has performed well, with both parts of the business showing ‘good momentum’ in recent months. Company adds the second half for the division was ‘significantly’ ahead of the first. Says the Numismatic division performed strongly through Covid. Hopes that the ‘most profound’ impacts of Covid-19 is behind the business.

Current stock price: 2.13 pence

12-month change: down 30%

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