Deltex Medical losses narrow on lower sales, distribution spend

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Cardiac output monitoring group Deltex Medical posted a narrower first-half loss after it cut sales and distribution spending.

Pre-tax losses for the six months through June amounted to £0.31m, compared to £1.24m of losses on-year.

Revenue fell 14% to £2.0m, but sales costs more than halved to £0.62m, down from £1.37m.

At 3:08pm: (LON:DEMG) Deltex Medical Group PLC share price was +0.03p at 1.35p