- Full-year cash profit up 12 per cent to $9.3mn
- Adjusted pre-tax profit up from $2.8mn to $4.8mn
- Potential for M&A activity and divestments
Technology group BATM Advanced Communications (BVC:19.25p) is undergoing a corporate reorganisation, restructuring non-core activities and prioritising its core cyber security, network solutions and diagnostics activities.
As part of the new strategy, the directors have engaged investment banks in both Israel and the US to explore corporate activity to add to the group’s capabilities, and to secure attractive terms for disposals.